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Overview of Significant Documents Under the Bombay Stamp Act

This document provides a comprehensive overview of the major documents listed in Schedule I of the Bombay Stamp Act. It outlines the stamp duty rates applicable, including 1% of the true market value of immovable property and 1% of the value of shares issued due to amalgamation. For listed companies, the price on the stock exchange serves as the basis for valuation, while the face value is considered for unlisted shares. Understanding these regulations is crucial for compliance and financial planning in transactions involving property and shares.

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Overview of Significant Documents Under the Bombay Stamp Act

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