Deduction U/S 80 C

An Assessee has purchased of land & paid stamp duty of Rs. 50000/- , After Purchasing he constructed the residential house on this land. My queries is that, because he has not purchase the residential house but he purchase land & constructed house on this land.can he calim the dedution u/s 80 c of Rs. 50000/- of stamp duty paid on purchase of land  .

Replies (2)

 

No ye can not calim expenses of stamp duty u/s 80C at the time of selling land you  can add this amount into your cost.

Pls answer. It is Urgent

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