Article 5, point (c) of Schedule 1-A of the Bombay Stamp Act provides that where an agreement is related to the purchase or sale of shares of a registered company or other entity, 0.005% of the value of the shares at the time of the acquisition or sale of the shares. Stamp duty is also the same if there is an agreement between scholarships recognized by or by members. Where the industrial machine is considered a piece of furniture, the stamp duty due must be paid in accordance with Article 20, paragraph 5, paragraph (i), i.e. 3% (3%) the counterparty or market value of the property, depending on the higher value. These are the documents on which the Union or the central government collects a stamp duty. In addition, national governments may also impose taxes on certain documents. Article 23 of The Act`s Schedule AI stipulates that stamp duty on transport related to the sale of real estate is six per cent on market value if the market value is less than the rupee, twenty-five lakhs and seven per cent if it exceeds the 25 Lakh rupees. Stamp duty is mentioned below in four states, namely Maharashtra, West Bengal, Karnataka, Delhi for MA transactions. In Section 34 of Schedule 1A, stamp duty in the compensation loan will be between 2 and 20 rupees, depending on the amount of compensation. Means that a share transfer is the process of transferring existing shares from one person to another; either by sale or gift. GetmyCA offers share transfer services to Karnataka, which means the voluntary transfer of rights and possibly the duties of a member (as represented in a part of the company) from a shareholder who no longer wishes to be a member of the company to a person a member wants to become a member.
Therefore, the shares of a company are transferable, like any other property, in the absence of explicit restrictions under the company`s statutes. Article 34 of the Schedule 1-A of the Delhi Stamp Act stipulates that stamp duty if the amount of compensation is no more than rupees thousand (Rs.