Stamp duty & registration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2013
Dear Experts,
Stamp duty is allowed as deduction u/s 80c.
But can the same be added in cost of the property along with registration expenses?
Will it not result in double benefit?
Stamp duty is allowed as deduction u/s 80c.
But can the same be added in cost of the property along with registration expenses?
Will it not result in double benefit?
19 June 2013
section 80C also allows principal payment on housing loan, if same notion is applied then the amount claimed as deduction u/s 80C on principal portion would have to be deducted for cost of acquisition while calculating capital gain.
So that there is no question of double deduction.
So that there is no question of double deduction.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- LIC maturity claim whether taxable
- RATE AND HSN CODE
- Portuguese Civil Code IT Return
- TDS AND ITR ISSUE
- Sec 44ada applicable only or both
- Compulsory aqisation of Agriculture & Non Agriculture land are taxable or not ?
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
