Deduction u/s 80c
This query is : Resolved
mohit bothra
(Querist)
21 May 2013
Is stamp duty and registration charges paid for the purchase of "LAND" eligible for exemption u/s 80C ?
CMA Ramesh Krishnan
(Expert)
21 May 2013
Land is not eligible for deduction u/s.80C. Only house property eligible
Message likes :
1 times
24 May 2013
Section 80C speaks only of house property.
However, one can take a debatable view, if you plan on constructing a house on the land acquired.
However, one can take a debatable view, if you plan on constructing a house on the land acquired.
Message likes :
1 times
09 July 2013
I agree with the experts
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