Deduction u/s 80c

As I understand, it is allowable as deduction on completion of construction of house property. Vacant land as such is not a house property.

https://cleartax.in/s/registration-charges-stamp-duty-exemption-on-property please go through this. suppose i paid stamp duty in the month of march for a vacant residential plot and it took more than a year to construct it, the how will i be able to take benefit of this section because its allowed only in the year of payment?

Then in that case you cannot take the benefit of stamp duty.

As I understand, such payments cannot be claimed as deduction u/s 80C

Originally posted by : VInish Singhal
	https://cleartax.in/s/registration-charges-stamp-duty-exemption-on-property please go through this. suppose i paid stamp duty in the month of march for a vacant residential plot and it took more than a year to construct it, the how will i be able to take benefit of this section because its allowed only in the year of payment?

Dear Vinish Singhal.,

The Clear Tax website said its Very Clealy... I show this is here...

"If you have purchased or constructed a house property you might be wondering about stamp duty exemption. Stamp duty & registration charges and other expenses which are directly related to the transfer are allowed as a deduction under Section 80C. The maximum deduction amount allowed under this section is capped at Rs.1,50,000.

Originally posted by : VInish Singhal
	https://cleartax.in/s/registration-charges-stamp-duty-exemption-on-property please go through this. suppose i paid stamp duty in the month of march for a vacant residential plot and it took more than a year to construct it, the how will i be able to take benefit of this section because its allowed only in the year of payment?

Dear Vinish Singhal.,

The Clear Tax website said its Very Clealy... I show this is here...

"If you have purchased or constructed a house property you might be wondering about stamp duty exemption. Stamp duty & registration charges and other expenses which are directly related to the transfer are allowed as a deduction under Section 80C. The maximum deduction amount allowed under this section is capped at Rs.1,50,000.