swapnil (DY ACCOUNT OFFICER) (75 Points)
30 December 2010Dear all,
Can i get dedction of Stamp Duty & registartion chgs on Home Purchase???
if yes then under which section ??& its is possible for partly allowed this year & remaining for next year ???
pls help me any one
Thanks ,
Swapnil.
laxman suthar
(Asst. Manager Taxtation )
(329 Points)
Replied 30 December 2010
Under section 80C you can claim reg. & stamp duty as deduction
Explain this line properly
its is possible for partly allowed this year & remaining for next year ???
Madhusudan Kabra
(knowledge seeker)
(1779 Points)
Replied 30 December 2010
| Originally posted by : laxman suthar | ||
 |
Under section 80C you can claim reg. & stamp duty as deduction |
 |
swapnil
(DY ACCOUNT OFFICER)
(75 Points)
Replied 30 December 2010
Thanks for both of u for prompt reply ...
& can i claim partly stamp duty for exemption for this year & remaing duty for next year
eg. if i paid Rs 70,000/- for stamp duty & registration charges, out of this can i claim partly ie Rs 50000/- this year & remaining Rs 20000/- for next year ???
Thanks
Swapnil.
laxman suthar
(Asst. Manager Taxtation )
(329 Points)
Replied 30 December 2010
no u can claim deduction in which u payment made. partly in a year & partly in another year is not possiable
CAclubindia
