Stamp Duty Payable On Share Purchase Agreement In Delhi

All extra-controlled transactions in which a listed or unlisted security is transferred (on a delivery basis or by any other means) through the depositary, including non-derivative transactions that take place in dematerialized or electronic form, are subject to stamp duty levied by the depositary by the depositary/seller on the counter-value indicated on the delivery note prior to the execution of the transfer. However, in the case of the recovery of pledges, stamp duty is levied by the pledge holder, i.e. the bankers/lenders. 4.7 Any person who bears and pays stamp duty is the matter of the agreement between the parties. In the absence of such an agreement, the law provides that in the event of a transfer, the tax must be paid by a buyer and, in the case of a lease, by the tenant. In cases of obligations, release, settlement, it must be paid by the person who manufactures or pulls the instrument. . . .