Capital gain
This query is : Resolved
ranpreet ossan
(Querist)
02 July 2014
Can we claim double deduction for stamp duty paid on purchase of property under 80C as well as while calculating Exemption for Capital Gain?
diwakar mittal
(Expert)
02 July 2014
Yes we can do it
in 80C we are claiming as repayment of principal amount of loan for house property
while calculating capital gain i have to consider cost of acquisition in which stamp duty will also be includible
in 80C we are claiming as repayment of principal amount of loan for house property
while calculating capital gain i have to consider cost of acquisition in which stamp duty will also be includible
Rupesh Jain
(Expert)
03 July 2014
yes u/s 80C for payment of registration charges.
and for capital gain it is cost of property.
and for capital gain it is cost of property.
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