Can claim deduction Stamp duty in another year

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35 Points Posted on 22 July 2024
sir ,

I purchased A house in 2022-23 i not claimed Stampduty on buy a house may i can claim this stamp duty in yearv2023-24? it is eligible in current year deduction in income tax?
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On 22 July 2024 at 18:17 Report
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Quick Summary
You can only claim stamp duty as a deduction in the financial year in which you incurred the expense. Stamp duty is considered part of the cost of acquiring a property and cannot be claimed in a subsequent year. Therefore, if you purchased a house in 2022-23 and did not claim the stamp duty then, you cannot claim it in the 2023-24 financial year.

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Accounts Manager
2070 Points Posted on 22 July 2024

No, claimed in the financial year in which these expenses were incurred.But stamp duty part of cost of acquisition.

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On 22 July 2024 at 18:33
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Profession
28267 Points Posted on 23 July 2024
Cannot claim Stamp duty in another year.
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On 23 July 2024 at 07:24

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