Deduction under section 80c
This query is : Resolved
30 January 2013
An assessee has paid a certain amt. towards stamp duty and registration fees of a house property in a particular financial year.But he has not got the possession of the said house property up to the said financial year.
So, can he claim deduction under section 80C?
Reply to this query would be highly appreciated.
So, can he claim deduction under section 80C?
Reply to this query would be highly appreciated.
30 January 2013
Yes an assessee can claim the deduction u/s 80 C in respect of the stamp duty and registration fee paid on the purchase or construction of the house property.
The Possession of the house property is received or not is not the matter to be taken while claiming the deduction u/s 80 C.
The Possession of the house property is received or not is not the matter to be taken while claiming the deduction u/s 80 C.
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