25 March 2008
Can Stamp Duty amount deduction claim on Purchase of House Property. 1. If Purchased during the year 2. If Registered during the year 3.If Newely Hosue purchased
25 March 2008
stamp duty amount paid will get dedcution on payment basis. so, obviously u will get deduction in the year in which house property is registered.
25 March 2008
STAMP DUTY AND REGN. EXP. INCURRED DURING THE PREVIOUS FIN. YEAR ON TRANSFER OF THE HOUSE IN THE NAME OF AN ASSESSEE IS DEDUCTIBLE UNDER 80 C UPTO RS. ONE LAKH ON PRODUCTION OF EVIDENCE OF PAYMENT. R.V.RAO
CAclubindia
