banner_ad

Vat paid later on purchase of house property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 January 2013 Respected Experts,

In Maharashtra, every purchaser has to pay VAT on purchase of House Property. Fact is that though the house is purchased before 1st April 2012, they have to pay VAT in FY 2012-13.
Now, the question is whether this VAT paid on this house is eligible for deduction under section 80C in FY 2012-13 pertaining to AY 2013-14?

Its urgent, so please give your opinion as early as possible.
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
28 January 2013 VAT paid can not be deducted U/s 80C.
.
It can be added to the cost of acquisition.
Profile Image

CA Koustubh Vishnu Bhatye

Profile Image

CA Koustubh Vishnu Bhatye (Querist)
30 January 2013 Thank you very much Sir.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details