Stamp duty for purchase of house
keval gandhi (Job in Ca firm) (69 Points)
04 March 2013keval gandhi (Job in Ca firm) (69 Points)
04 March 2013
Deepak Gupta
(CA Student)
(15922 Points)
Replied 04 March 2013
Originally posted by : keval gandhi | ||
i have paid stamp duty of rs 11lac for purchasing house can i get tax deduction under section 80 c?? |
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/-