Stamp duty and registration charges for a flat - 80c

This query is : Resolved 

28 January 2015 I have purchase a Flat on LOAN for my RESIDENTIAL PURPOSE & pay my Stamp Duty & Registree Fee by my Bank Account (Not included in Loan).

I found in I.T.Act under 80C that"(d) stamp duty, registration fee and other expenses for the purpose of transfer of such house property to the assessee" can claim in 80C.

So Can I claim it under 80C.

28 January 2015 Stamp Duty and Registration Charges for a home: The amount you pay as stamp duty when you buy a house, and the amount you pay for the registration of the documents of the house can be claimed as deduction under section 80C in the year of purchase of the house.

Regards

28 January 2015 stamp duty paid on registration of house will be eligible in year when you make payment of stamp duty.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries