Can anyone help me to understand if i have purchase a house prop in py and paid stamp duty againt the registration. Can i cliam the amount paid as stamp duty as deduction under income from House property? Thank you!
3 Replies
CA Gaurav Kaushik
(Practicing Chartered Accountant)
(123 Points)
Replied 27 February 2013
You can claim the same under Deductions under Chapter VI A i.e. 80C
But total deductions will be restricted to Rs one Lacs
Deepak Gupta
(CA Student)
(15922 Points)
Replied 27 February 2013
| Originally posted by : CA. Hemant Joshi | ||
 |
Can anyone help me to understand if i have purchase a house prop in py and paid stamp duty againt the registration. Can i cliam the amount paid as stamp duty as deduction under income from House property? Thank you! |
 |
Stamp duty, registration fees and other expenses incurred towards the cost of purchase or construction of a residential house property can be claimed u/s 80C. [80C (2)(xviii)(d)]
.
The income from such house property should be chargeable to tax under the head "Income from house property".
Amit
(Partner)
(88 Points)
Replied 29 May 2013
Stamp duty for second house can be claim under section 80(C) ??
Thanks
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