This discussion clarifies stamp duty allowances for joint property purchases. It confirms that each joint owner can claim a deduction under Section 80C, up to a maximum of £150,000 per person, provided the property is a residential house. This applies even if the total stamp duty paid is £20 lakh for a property with five members.
10 March 2020
sir, stamp duty allowed 150000/- each assess if joint property purchase total stamp duty paid 20 lakh 5 member stamp duty allow 80 C [or only maximan limit 150000/-each member or 1 property)