Tax exemptions on house registration charges

Hariharan (Consultant) (54 Points)

29 January 2015  

Hi,

Could you please elaborate on the tax concessions available for house registration charges. Does all charges paid to registrar office are exempted including the construction agreement charges applicable in TN state. Does MOD(mortgage deed) charges that are paid to state govt are exempted. Does home insurance amount qualify for any tax concessions. Please provide detailed clarifications.

Regards,
Hariharan.