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DEDUCTION U/S 80 C

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(Querist)
15 February 2010 SIR,
IF I PAY STAMP DUTY FROM MY OWN POCKET FOR PURCHASE OF A HOUSE THEN WILL IT BE ALLOWED AS DEDUCTION TO ME UNDER SECTION 80C.
FOR EG
LIC PAID 40000
STAMP DUTY 60000

THEN WHAT WILL BE TOTAL DEDUCTION ALLOWED TO ME U/S 80 C xviii(d)
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CA Gangadhar Mishra

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CA Gangadhar Mishra (Expert)
15 February 2010 yes deductible U/S 80C for 100000/-
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
15 February 2010 yes, deduction u/s 80C is Rs.100000 available.
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
16 February 2010 stamp duty is eligbible for 80C. there is no provision for self or loan amount to stop it for 80C.

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