Deduction u/s 80 c

This query is : Resolved

Prashant (Querist)
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20 December 2011 Hi..

Wanted to confirm the below particulars are elegible for deduction u/s 80 c or not.

1. Stamp Duty, Registration paid for purchase of own res flat
2. Own contribution made to purchase of own res flat
3. Interest paid on education loan

Please do revert

Thanks,
Prashant

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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20 December 2011 All the above not eligible for deduction under section 80c.
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But you can claim interest paid on education loan under section 80E(if you had taken loan for higher studies)

CA VISHAL RANA,CS,B.Com,AMFI

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
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20 December 2011 Agreee with expert

Only interest on loan taken for higher education can be claim in Sec 80E

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Ratan Sharma

Ratan Sharma (Expert)
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20 December 2011 Stamp duty, regn fees for purchase of residential house will qualify for deduction u/s. 80C.

Tushar Desai

Tushar Desai (Expert)
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30 December 2011 I don't agree with Mr Dileep Surya Kumar & Mr Vishal Rana.

Mr Ratan Sharma is correct.

Stamp Duty, & Registration Fees will qualify for deduction.