Inforamtion about deduction

This query is : Resolved 

07 June 2014 Sir,
In F.Y. 2012-13 my frnd purchased a flat.He paid stamp duty & regi. fee for that transaction. I want to know that whether he can get deduction for stamp duty & regi. fee.
If yes plz suggest in which year he can get the deduction in f.y. 2012-13 or in 2013-14. Also suggest the section.

07 June 2014 while deduction is available for stamp duty paid but it has to be claimed in the year in which it was paid.

09 June 2014 There is any limit for getting the deduction, if yes plz tell or suggest the rule or section.

09 June 2014 under section 80C the deduction is available in the year of payment and the overall 80C limit is Rs 1 lakhs.


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