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Double Deduction

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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

12 February 2010 As per the act you can take benefit



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