Deduction u/s 80c

Imran Hingora (Learner) (248 Points)

06 September 2013  

WILL AN ASSESSEE GET DEDUCTION FOR PURCHASE ON A NEW FLAT FOR THE WHOLE CONSIDERATION OR ONLY STAMP DUTY AND REGISTRATION???

 

SUPPOSE AN ASSESSEE PURCHASED A FLAT FOR RS.35 LAKHS(INCLUDING STAMP DUTY & REGISTRATION OF RS. 2 LAKHS) 

 

SO UNDER SEC 80C WILL HE GET A DEDUCTION OF RS. 2 LAKHS OR RS 35 LAKHS??

 

I KNOW THE CEILING IS RS 1LAKH ONLY.. BUT I JUST WANT TO KNOW!!

 

THANKS..:)