Hey Friends,
Is there any relaxation in stamp duty payment in
incorporation of a Section 8 Company?
Regards,
Vidushi Rohatgi
section
company
incorporation
payment
stamp
duty
relaxation
If we filed INC-20A for Company on 182nd day with a late fee of 600/- but the subscriber paid money within 180 days.
Is it non compliances ?
days
after
money
subscription
payment
I have certain amount in my e-cash ledger, can I use this amount for the payment of tax on RCM basis?
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Dear Member,
Is the condition to pay the supplier within 180 days applicable to supplies covered by reverse charge?
Dear Members,
Greetings!!
If shares are registered on the name of Mr.A ( registered Owner) in Regsiter of Members, and beneficial interest in held by Mr. B ( beneficial owner) then income tax payment is to be made by whom on dividend amount, Mr. A or Mr. B, please suggest.
Thanks in Advance.
payment
shares
owner
beneficial
dividend
Dear All,
Can a company avail an unsecured loan from the Director and use the same fund for repayment of the inter corporate loan ?
loan
intercorporate
repayment
Dear Members
Paid Rs.39000 towards AOC 4 and amount was deducted but status shows pending for payment , raised ticket but not resolved its already 4 days over and sent mail to epayment with ticket number still issue not resolved kindly advise as today is due date for pay later challan ,
Dear friends,
I am trying to pay eKYC fine of Rs. 5000 on the MCA portal.
However every time after SRN is generated, it is logging us out.
Is there a way to pay for a given SRN after logging in once again?
There is a way to check on payment status. But is there a way we can pay it online by mentioning the SRN?
(I tried paying via the "Pay Miscellaneous fee" link but it did not accept the eKYC SRN.
Thanks!
The term debenture has been defined under Section 2(30) of the Companies Act, 2013 to include debenture stock, bonds or any other instrument of a company evidencing a debt, whether constituting a charge on the assets of the company or not.
The term Debenture has not been defined under the Act. The term “Debenture” has only been specified in List I of the Act which reads as under:
Art. 27 of stamp Act. DEBENTURE (where a mortgage debenture or not), being marketable security transferable-
a. By endorsement or by a separate instrument of transfer
b. By delivery
Explanation – The term “Debenture” includes any interest coupons attached thereto but the amount of such coupons shall not be included in estimating the duty.
Exemption
A debenture issued by an incorporated company or other body corporate in terms of a registered mortgage deed, duly stamped in respect of the full amount of debentures to be issued thereunder, whereby the company or body borrowing makes over, in whole or in the party, their property to trustees for the benefit of the debentures holder:
Provided that the debentures so issued are express to be issued are expressed to be issued in terms of the said mortgage deed.
0.05% per year of the face value of the debenture, subject to the maximum of 0.25% or rupees twenty-five lakhs whichever.
In terms of the provision, for Debenture to attract levy of stamp duty it needs to be a “Marketable Security” transferable by endorsement or by a separate instrument of transfer or by delivery.
A company issuing debentures is required to pay stamp duty only if debentures are treated as “marketable security”. Hence, it is important to analyse the expression “marketable security”.
Please, anyone, clear the same if need to pay and how to pay?
debentures
payment
duty
stamp
Dear Team,
We have a company registered in Bangalore and issued share certificates on allotment and now as mandatory we need to pay the stamp duty.
Request your help in this regard.
Dear Sir,
RD hearing has taken place and payment of penalty to be made online. While making payment, we should do it via Pay Miscellaneous fee?
If so, what category should we choose? Penalty or Others?
In both cases, the SRN is mandatory, which SRN should we input, the form GNL-1 one ?
compounding
payment
Hi,
Can someone please confirm if I can make online payment of stamp duty in Bangalore on share certificates???
If yes, what is the process?
