Stamp duty allowance


This query is : Resolved 

(Querist)
21 February 2013 Is stamp duty and registration charges paid during purchasing a house property is allowable expense??? To which assessee it is allowable???

21 February 2013 It is allowable expense. but within 1 lac the limit of sec 80C.

Nishu Jain (Querist)
21 February 2013 Is it allowable for all the assessee??? and also to salary paid persons

22 February 2013 As per sec 80C(1) To Individuals and HUF. Source of Income has nothing to do with it.


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