Stamp Duty paid - 80C
This query is : Resolved
04 December 2021
Stamp Duty paid for Purchase of Residential property can be claimed under sec80C.
Can we claim Stamp Duty Paid for purchase of shop as deduction under Sec 80C?
Can we claim Stamp Duty Paid for purchase of shop as deduction under Sec 80C?
04 December 2021
No. Not eligible.
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04 December 2021
@Dhirajlal Sir
Is double benefits allowed for stamp duty of residential property
1) Capitalised in books of accounts
2) claiming exemption under 80c for same
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05 December 2021
Yes, it can be treated as investment equivalent to other investments allowed in the same section, with the condition that it can get revoked if house property sold before 5 years.
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