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TRANSFER AND TRANSMISSION OF SHARE. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCTRANSFER AND TRANSMISSION OF SHARE.1 Mark
MCQ
In transmission of shares$...............$
  • A
    Stamp duty is to be affixe
  • ✓
    Stamp duty is not necessary.
  • C
    Stamp duty is to be affixed afterwards.
  • D
    Stamp duty will be exempted by Government.
✓

Answer

Correct option: B.
Stamp duty is not necessary.

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