CA Student
15932 Points
Joined May 2011
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Originally posted by : keval gandhi |
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i have paid stamp duty of rs 11lac for purchasing house can i get tax deduction under section 80 c?? |
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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)]
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The income from such house property should be chargeable to tax under the head "Income from house property".
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Shall be restricted in aggregate to Rs. 1,00,000/-