Deduction of stamp duty
This query is : Resolved
RAHUL RATHI
(Querist)
12 January 2011
Hello Sir,
Suppose if i purchase a flat & paid a stamp duty for it.But possision of flat not recvd yet. Then when i an claim the deduction of stamp dty u/s 80? in the year of payment of duty or in the year of geeting the possision of flat?
Suppose if i purchase a flat & paid a stamp duty for it.But possision of flat not recvd yet. Then when i an claim the deduction of stamp dty u/s 80? in the year of payment of duty or in the year of geeting the possision of flat?
Sunil Kr. Sanganeria
(Expert)
12 January 2011
In the year of payment of duty
CA Suresh Choudhary
(Expert)
12 January 2011
Deduction Inder Section 80 is available on payment basis as rightly said by Mr. Sanganeria.
12 January 2011
year in which expense is made
RAHUL RATHI
(Querist)
27 January 2011
Thanks a lot Sir.
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