Stamp duty

Rakesh Kumar (Sr. Finance & OPS Executive)   (87 Points)

21 July 2012  

Hi All,

 

I was off for a long time due to some personal problems...

Now come back with a new query could you please give me the answer

Q: Amount of INR68,000 paid as STAMP DUTY at the time of purchase of Home....

Should this amount is exempted from TAX

If YES then please update under which section it will be deduct and how much?

Thanks in Advance :)

Rakesh