Stamp duty on shares issued to subscribers and on subsequent transfer

    Posted By : damini / Published on : 23-Jan-2020 11:39 AM / View : 27 / Comment : 0
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    Dear Members,

    I gone through past conversation on the subject but still need clear picture on below

    1. company incorporated on 01/01/2020, and issuing share certificates to members on 20/02/2020 upon receipt of subscription money.
    A. Who needs to pay stamp duty??
    B. Is it payable for issue of Share capital or issue instrument(Share certificate)??
    D. When it has to be paid?
    E. What is the process for payment in karnataka?
    Read more on : subsequent transfer subscribers issued duty shares stamp



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