Section 80C query urgent

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If you've jointly purchased a home with your spouse and paid the stamp duty from a joint account, you can both claim the Section 80C exemption. This applies in proportion to your respective ownership shares, as per clause xviii (d) of Section 80C of the Income Tax Act.

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(Querist)
19 March 2020 I have purchased a home and my husband is co owner of the same. Stamp Duty is paid from our joint account. Please tell me whether i can avail Sec 80C exemption on this Stamp Duty?
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Eswar Reddy S

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Eswar Reddy S (Expert)
19 March 2020 Yes Both can avail in proportion to share of co-owneship
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CA SUNIL K GARG

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CA SUNIL K GARG (Expert)
20 March 2020 yes pls refer to clause xviii (d) of section 80 C of income tax act
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