Stamp Duty & registration charges on property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2010
stamp duty & registrion charges are paid on booking of a flat in F.Y. 2009-10 and possession will be in july 2010. whether deduction under sec 80C can be claimed in 2010-11?
14 January 2010
Since 80c allowance is on payment basis you can claim deduction in 2010-11.
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2010
As you say, deuction under sec 80C is on payment basis, it should be claimed in the year of payment i.e 2009-10 though possession is not received before March 2010. Right?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
