Deduction U/s 80C in respect of Stamp Duty
This query is : Resolved
15 March 2011
Whether stamp duty and registration charges paid for the purchase of land for construction of house property is eligible for the deduction u/s 80C?
If yes, pl give supporting to your suggestion.
If yes, pl give supporting to your suggestion.
15 March 2011
Stamp duty of purchase of land alone is not eligible for 80C deduction.
15 March 2011
If the stamp duty on purchase of house property is allowable, then why the land purchased for the said house will get disallowed?
As per my simple thinking like comman man, there is no need to pay stamp duty on own construction of property, therefore the stamp duty paid on purchase of land which will ultimately used for construction of house property with in two years of land acquisition should be eligible for deduction.
Pl, give me your valuable suggestion.
As per my simple thinking like comman man, there is no need to pay stamp duty on own construction of property, therefore the stamp duty paid on purchase of land which will ultimately used for construction of house property with in two years of land acquisition should be eligible for deduction.
Pl, give me your valuable suggestion.
CA. Lohith Jagadeesh
(Expert)
24 March 2011
Hi
Agreed with Mr. Warrier.
Regards
CA. Lohith. J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons
Agreed with Mr. Warrier.
Regards
CA. Lohith. J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
