Double Deduction
This query is : Resolved
12 February 2010
As deduction of Stamp Duty deduction is available in 80C also and allowed as deduction from CG as COA then this is Double Dueduction ? if so please explain me why?
12 February 2010
Yes both the benefits are available. Its provided in the act. So claim both the benefits
12 February 2010
Its given in the Act, why you worry.
12 February 2010
why you worry,
take this: on house loan there is 80C deduction but installment is added in cost of acquisition and you are getting 80C deduction so as per your view double deduction. But everybody know this is legal and correct. No objection on this. So your case is same as this. Not to worry
take this: on house loan there is 80C deduction but installment is added in cost of acquisition and you are getting 80C deduction so as per your view double deduction. But everybody know this is legal and correct. No objection on this. So your case is same as this. Not to worry
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12 February 2010
As per the act you can take benefit
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