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Investment 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2014 My client purchased flat & paid stamp duty of Rs.40000/- and balance payment to builder of Rs.30000/-. whether he shall be eligible to claim Rs.70000/- u/s 80C
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Sandeep Dharar

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Sandeep Dharar (Expert)
29 July 2014 Visit following link:-


https://www.caclubindia.com/articles/details.asp?mod_id=21161#.U9dCm0DRZUk
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
29 July 2014 80C deduction is available for repayment of Principle of Housing loan not for payment for house.



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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
30 July 2014 that is correct umesh but you do get deduction for the stamp duty.

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