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stamp duty on transfer of shares

(Querist) 18 March 2009 This query is : Resolved 
A shareholder wants to transfer shares of a unlisted pvt ltd co. A transfer deed is to be executed. I want to know whether stamp duty is leivable or not?
Further, whether the deed is to be sent to ROC?
Please ans
Rajeev Chaturvedi (Expert) 19 March 2009
dear sir
if there is any transfer through tranferdeed, you have to pay stampduty accordingly your state rate.if date of execution of tranferdeed is more than one yrs from the date of issue of tranfer deed you have to revalidated it from ROC otherwise not.
Hiralal Das (Expert) 04 April 2009
I agree.
Y V Vishweshwar Rao (Expert) 06 May 2009
I Think it is share transfer application/s and along with Share Certificates and the required Stamp Duty is to paid .


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