I have two queries,
1. The Company held its Board meeting in Dubai. Allotment of share was one of the business of the meeting. Place of registered office of the Company is in Mumbai.
Question is: Now whether stamp duty is payable on issue of share certificate. Is place of Board meeting to be considered or place of registered office.
2. If stamp duty is payable, what is the rate of stamp duty in Mumbai as per Bombay stamp Act.
Kindly treat this as urgent...
B.Com, ACS Grad