https://www.taxtmi.com/acts?id=35904 Substitution of section 8A provides that an issuer who issues securities to one or more depositories is chargeable with stamp duty on the total amount of securities issued and such securities need not be stamped. Transfers of registered ownership from a person to a depository or from a depository to a beneficial owner are not liable to duty. "Beneficial ownership" is to be interpreted as in clause (a) of sub section (1) of section 2 of the Depositories Act, 1996. en-us Fri, 01 Feb 2019 14:13:09 +0530 Fri, 01 Feb 2019 14:13:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35904 Substitution of section 8A provides that an issuer who issues securities to one or more depositories is chargeable with stamp duty on the total amount of securities issued and such securities need not be stamped. Transfers of registered ownership from a person to a depository or from a depository to a beneficial owner are not liable to duty. "Beneficial ownership" is to be interpreted as in clause (a) of sub section (1) of section 2 of the Depositories Act, 1996. Act-Rules Bill Fri, 01 Feb 2019 14:13:09 +0530 https://www.taxtmi.com/acts?id=35904