Company Law : The article explains that stamp duty on securities is calculated based on consideration under the amended Indian Stamp Act. Since ...
Corporate Law : Stamp duty on indemnity bonds is not uniform across India because each state follows its own stamp legislation and amendments. The...
Corporate Law : The analysis highlights Delhi’s 2025 circular requiring 0.1% stamp duty on both physical and demat share issuances. Companies re...
Corporate Law : A comprehensive guide to LLP Agreement stamp duty across all Indian states and UTs. Learn applicable rates, filing requirements, p...
Corporate Law : The Delhi Government Circular dated 29 July 2025 clarifies that stamp duty on the issuance of shares by companies having registere...
Corporate Law : Maharashtra's new ordinance raises stamp duties, setting minimum rates at Rs 500 and increasing charges on key documents like Arti...
Corporate Law : Yourself was kind enough in giving concessions up to 30.04.2021, for registration of docs, on which stamp duty is paid on or befor...
Goods and Services Tax : Concession in Stamp Duty by 1 percent over the prevailing rate exclusively to Women, provided the transfer of house property or re...
Corporate Law : Government broadens pertinence of stamp duty by 3 months from 1st April 2020 to 1st July 2020 The administration has not broadened...
Finance : Paying stamp duty while purchasing or transferring a property is often a long-drawn process. You need to go to the registrar's off...
Income Tax : ITAT Delhi ruled that where an assessee disputes the stamp duty valuation under Section 50C, the Assessing Officer should refer th...
Income Tax : ITAT Ahmedabad held that property payments were properly explained with bank records and affidavits. Additions under Section 69 fo...
Income Tax : ITAT Mumbai held allotment letter is an agreement to sell; stamp duty value on booking/allotment date applies u/s 56(2)(x) where p...
Income Tax : ITAT Mumbai held stamp duty value on allotment date applies u/s 56(2)(x) where full payment was made by cheque before agreement, n...
Income Tax : The Tribunal found that the appellate order was passed ex parte without a reasoned decision. The case was remanded for fresh adjud...
Corporate Law : Maharashtra's new ordinance raises stamp duties, setting minimum rates at Rs 500 and increasing charges on key documents like Arti...
Corporate Law : Introduction: The Revenue and Forests Department of Maharashtra has introduced the Maharashtra Stamp Duty Amnesty Scheme-2023 to r...
Corporate Law : The enterprises making new investment or investment for expansion under the scheme, as the case may be, for reimbursement of 25% o...
Corporate Law : Delhi Govt notifies the extension of relaxation of 20% in the minimum rates (Circle rates) till 30.06.2022 for valuation of lands ...
Corporate Law : Government of Maharashtra reduces the stamp duty by 1% on Agreement to Sell / Conveyance of residential property executed in favou...
Government of Maharashtra reduces the stamp duty by 1% on Agreement to Sell / Conveyance of residential property executed in favour of woman/women purchasers, with effect from 01.04.2021. ORDER Revenue & Forest Department, Madam Kama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai-32, Dated the 31st March, 2021. Maharashtra Stamp Act No.Mudrank-2021/110R.12/CR.107/M-1 (Policy).- Whereas, the Government of […]
The amended provisions of the Indian Stamp Act, 1899 and The Indian Stamp (Collection of Stamp Duty through Stock Exchanges, Clearing Corporations and Depositories) Rule, 2019 brought through Finance Act, 2019 came into force w.e.f 1st July, 2020. Thrоugh the sаid аmendments, the Сentrаl Gоvernment hаs сreаted the legаl аnd institutiоnаl meсhаnism tо enаble Stаtes […]
Concession in Stamp Duty by 1 percent over the prevailing rate exclusively to Women, provided the transfer of house property or registration of sale deed is in the name of women. Increasing State Excise Duty to Rs. 220 percent of manufacturing cost or Rs. 187 per proof litre whichever is high on branded country liquor only.
Stamp Duty on MOA Stamp duty shall be Rs. 1000 on every Rs.5 Lakhs of amount of increase in authorised capital or part thereof subject to a maximum of Rs. 50 Lakhs of stamp duty. It means addition in the authorised capital will be charged with the stamp duty @ 0.20% Increase in Authorised Capital […]
Ramratna Wires Ltd. Vs State of Gujarat (Gujarat High Court) The issue raised in this writ application as regards the legality and validity of collecting the stamp duty on the Bills of Entry is no longer res-integra in view of the pronouncement of this Court in the case of State of Gujarat and others Vs. […]
A share certificate is a certificate given to the shareholder of the company in the form SH-1. Share certificate being an instrument requires stamping and Stamp duty on share certificate is a state-related matter where delay in payment of stamp duty appeals penalty. Firstly, Stamp duty on share certificate has to be paid at the time of […]
Q.1 Please specify the services for which Stamp Duty can be paid through MCA21 system? Ans. Stamp Duty applicable on filing of e-form SPICe (including MOA & AOA), SH-7 and FC-1 shall be electronically paid through MCA21 system. A person applying for certified true copy is also required to pay stamp duty through MCA21 portal. Q.2 […]
State wise stamp duty rules for eForm INC-2/ INC-7/ INC-29, Memorandum of Association (MoA), Articles of Association (AoA), eForm SH-7 and eForm FC-1) Also Read- FAQs on Stamp Duty on Form INC-2/ INC-7/ INC-29, MoA, AoA, & SH-7 Stamp duty rules for Form INC-2/ INC-7/ INC-29, MoA, AoA, and SH-7 Name of state/ union territory […]
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.
INTRODUCTION The government of India through the Finance Act, 2019 bought 360-degree change under the Indian Stamp Act, 1899(hereinafter called as Stamp Act). Though there are numerous reasons for amending Stamp Act, some of the reasons are very explicit and some of them are not. However, no one can deny the fact that Stamp Act […]
