Stamp Duty and registration fee paid for the purchase of new property can be claimed as a deduction under sec80C.
similarly while computing capital gains on sale of the property, stamp duty and registrating fee paid for acquiring the property can be added to the 'cost of acquisition' of the property.
my question now is whether stamp duty & registration fee paid can be claimed both as a 'DEDUCTION u/s 80C' AND as an addition to the COST OF ACQUISITION while computing CAPITAL GAINS on sale of the property.
can the stamp duty & registration fee for the same property be claimed twice??
CAclubindia
