Stamp duty & other exp

This query is : Resolved

DINESH (Querist)
Follow

15 July 2012 stamp duty and registration fee paid for purchase of plot is allow under 80/c or not....???if i sell same plot without construction of building

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

15 July 2012 but the plot purchase not have any house construction activity. so expenses incurred on transfer of house can be taken as deduction

stamp duty, registration fee and other expenses for the purpose of transfer of such house property to the assessee can be considered for deduction