80C Stamp Duty & Registration

This query is : Open

Vijay Shirode (Querist)
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01 September 2009 Dear Sir,

I have purchased a flat jointly and now I would like to claim deduction u/s 80C for Stamp duty and registration. I will get possesstion of flat in November 2010.

Can both of us take dedctuion u/s 80C in the FY 2009 -2010.

Kindly clarify and oblige.

Regards,

Vijay

chetan soni

chetan soni (Expert)
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01 September 2009 Yes,

You both can can claim the stamp duty & registration charges u/s 80C in proportion of 50:50 Or at actual based on the mutual understanding.

Vijay Shirode

Vijay Shirode (Querist)
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01 September 2009 Thanks.

As per your reply I think possession is not the criterion for taking exemption.

Can each of us take total stamp duty and registration charges u/s 80C exemption/

Pl. guide and regards

Vijay

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Vijay Shirode

Vijay Shirode (Querist)
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