Deduction
This query is : Resolved
31 May 2011
Is deduction for payment of Stamp Duty on purchase of land available under chapter VI?
Thanks
Thanks
Ashok Asthana
(Expert)
01 June 2011
Any instalment or part parment towards the cost of purchase/construction of a resedential property to a housing board or a co-opertaive socity ..............
is allowed as deduction. However stamp duty is not specifically covered. But this is definitely a legal cost of purchase, but is not covered by the above.
is allowed as deduction. However stamp duty is not specifically covered. But this is definitely a legal cost of purchase, but is not covered by the above.
Dhirajlal Rambhia
(Expert)
14 July 2023
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