I have purchased a property in Oct 2010. The agreement value is 16 lacs and its been registered and stamp duty paid in Jan 2011. I also got an Index-2 for the same. While my form-16 was processed by my employer without considering the stamp duty & regn. charges, can I reduce my taxable income in the returns that I will now file. Also, the deduction under 80C already exceeds 1 lac in form-16, so will I be eligible to still avail benefit of payment made to Govt as SD & Regn charges ? also, the CC of the bldg. has been received in Jun 2011, does this have any bearing ? Pls advice.
CAclubindia
