54ec

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 October 2013 Respected Sir / Madam,

Whether Stamp Duty, NOC Charges, etc. & Commission paid to Agent

can be claimed as deduction as expenditure in connection to Trf.

Also, Whether TDS to be deducted on the above Commission...???

List on Bonds for Investing in 54EC...????

Querist : Anonymous

Querist : Anonymous (Querist)

09 October 2013 Whether the FMP of the Property can be claimed as Cost of Acquisition ...if prop. is purchased in 1964..

CA Pallav Singhania

CA Pallav Singhania (Expert)
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09 October 2013 Yes, you can claim deduction in respect of such exp.
You can consider FMV if the property purchased earlier years...1964..

Sec.54 EC..
You can invest in NHAI or RECL bonds.. within 6 months from the date of sale...

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