Dear All
I purchased a flat in Aug 2011, paid stamp duty and claimed deduction u/s 80 C in FY 2011-12. I have bought another flat (Sep 2012) and paid stamp duty. Am i eligible for tax deduction u/s 80 (C) again this year.
Thanks
Menu
Stamp duty deduction under section 80 (c)
Replies (5)
Dear Vijay,
As mentioned in Section 80C, there is no restriction on the number of houses against which the assessee is paying the stamp duty. The asssessee is eligible for the payment of stamp duty for the cause of transfer of house property to such assessee. Therefore, the amount paid as stamp duty is very much allowed for deduction under Section 80C.
Regards,
Saurabh
Yes,Sourabh is absolutely correct
yes caim again
tks
YES DEFINATELY CLAIM STAMP DUTY & REGISTRATION FEE FOR HOUSE TO LOCAL AUTHORITY U/S 80C
Dear Sirs,
I have registered a property in the year 2013. The construction is going on and the handover is in June 2015.
As the possesion of the house is this year, can I claim the Registration fees and stamp duty paid earlier in this year's return?
thanks,
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
