Web3 Jun 2024 · Section 9B is not applicable to them. RTAs have to function like a Depository in respect of collection of Stamp Duty on issue and sale or transfer of mutual funds in SoA … Web(a)in relation to stamp-duty in respect of bills of exchange, cheques, promissory notes, bills of lading, letters of credit, policies of insurance, transfer of shares, debentures, proxies and receipts, and in relation to any other stamp-duty chargeable under this Act and falling within entry 96 of List I in the37[Seventh Schedule to the …
Amendments to the Indian Stamp Act, 1899 - Legalogy
Web21 Oct 2024 · Provisions of the Stamp Act, 1899 that deals with the shares and debentures are Section-4 Section 8A, Section 9A, Section 9B, Section 21, Section 29, and Section 62A along with Schedule-1 and The Indian Stamp (Collection of Stamp Duty through Stock Exchange, Clearing Corporation and Depositories) Rules, 2024. Web6 Jan 2024 · Under section 9B of the Indian Stamp Act, if an issue of securities is made by an issuer in any manner other than through a stock exchange or depository, the stamp duty is payable by the issuer of such issue at the place where its registered office is located and in case of sale or transfer or reissue of securities, the stamp duty on each such ... selling game accounts on ebay
India Code: Indian Stamp Act, 1899
Web12 Feb 2024 · The Finance Act, 2024 inserted section 4(3) in the Indian Stamp Act, 1899, which provides that – ... However, section 4(3) does not make reference to section 9B (issue of securities in case of physical securities/ debentures) and thus the exemption may not be enjoyed by such debentures and they would feel the burden of the additional stamp ... Web7 Jul 2024 · Sections 9A and 9B impose the liability of stamp duty on the issue, sale and transfer of securities, regardless of the whether such transactions are delivery-based or … Web6 Jul 2024 · Section 9B This section has the overriding effects in this Act, As per this section where any issue of securities is made by a issuer otherwise than through a stock … selling game consoles at launch