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Cs Makarand Lele

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Indian Stamp Act Amendments – New Dimensions to securities transactions

November 21, 2020 13848 Views 0 comment Print

Indian Stamp Act (ISA) amendments were made effective from 1st July 2020. The said amendments on one hand brought in rationalization in charging of duties on issue & transfer of securities for pan India transactions & on the other hand done away with the concepts of duty on securities certificates, letter of allotment, instrument of transfer & brought in the concept Securities Transaction.

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