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Income tax

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(Querist)
07 February 2012 If a salary employee purchase a house then stamp duty paid on house whether eligible from deduction under salary income
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 February 2012 Yes.Stamp duty paid on residential house purchase eligible u/s 80C savings.
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
08 February 2012 Stamp duty , registration fee and other expenses incurred for the purpose of transfer of such house property to the assessee shall be allowed as deduction u/s 80C.
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