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stamp duty

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(Querist)
25 July 2017 is it any didction on stamp duty on property ? if yes then pls give me the section any other diduction in purache and sale of land
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Sashank Dundu

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Sashank Dundu (Expert)
27 July 2017 Under section 80C(2)(xviii)(d) your stamp duty charges are deductible...if you purchase a residential house property.
Under the same subsection you can claim deduction for purchase or construction of your house property.
If you are selling your old house property and purchasing another house property and you have capital gains the same can be deducted under section 54.
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vishak

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vishak (Querist)
27 July 2017 ok thank u sir
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