23 February 2012
Dear All, I have two question. 1. if I take a housing loan from my employer; which is public limited company, repayment agst. this loan is eligible for 80C?. 2. I have paid stamp duty on purchase of flat in fy 11-12, but the possesion of flat will be received in FY.12-13. when Could I take benenfit of amount paid towards such stamp duty.
23 February 2012
Reply -1. . Yes, Principal repayment of housing loan taken from the employer public limited company, is qualified for Deduction U/s 80C. Please Refer Section 80C(2)(xviii)(c)(8). . Reply -2. . You can claim stamp duty in the AY 2012-13, itself , as the same is being paid for the purpose of transfer of a house property in your favour. .
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