Payment of Stamp Duty

Raghu Krishnan (Querist) 09 December 2009 This query is : Resolved
A company is havings its Registered Office at Chennai. The Company's Board Meeting for allotment of shares was held at Mumbai and the share certificate was signed at Mumbai. Pls. clarify me, whether I should pay stamp duty on the share certificate according to Maharastra Stamp Act or Tamil Nadu Stamp Act.

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S.KARUNAMOORTHY (Expert) 09 December 2009
Dear sir,

You have to comply with Tamilnadu Stamp act as the RO of the company is in tamilnadu... Make sure to comply with in one month or else file petition for condoning the delay with IG of Stamps.

Regards,

Raj Kumar Makkad (Expert) 09 December 2009
I agree with Karuna

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