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Stamp duty allowance

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(Querist)
21 February 2013 Is stamp duty and registration charges paid during purchasing a house property is allowable expense??? To which assessee it is allowable???
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harleen batra

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harleen batra (Expert)
21 February 2013 It is allowable expense. but within 1 lac the limit of sec 80C.
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Nishu Jain

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Nishu Jain (Querist)
21 February 2013 Is it allowable for all the assessee??? and also to salary paid persons
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harleen batra

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harleen batra (Expert)
22 February 2013 As per sec 80C(1) To Individuals and HUF. Source of Income has nothing to do with it.

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