Plz reply me can we claim stamp duty paid as deduction u/s 80c? if yes then mention condition as well.
Deepanshu arora (chartered accountant) (130 Points)
23 March 2010Plz reply me can we claim stamp duty paid as deduction u/s 80c? if yes then mention condition as well.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 23 March 2010
Yes stamp duty, registration fee and other expenses for the purpose of transfer of house property to the assessee are allowable deduction u/s 80C
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 23 March 2010
Condition should not transfer the house property before the expiry of five years from the end of the financial year in which possession of such property is obtained by him, or receives back, whether by way of refund or otherwise, any sum specified
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