As per 80C there is a tax exemption for stamp duty paid on purchase of property.
I have paid stamp duty for transfer of a property from my mother as deed of Gift.
Please guide me whether I will get the exemption on the above stamp duty paid for the deed of gift under 80C. The transfer of property from my mother to me as a gift has been done & the stamp duty has been paid by me.
Please help
Stamp duty deduction is not available u/s 80c… you can include stamp duty cost in cost of acquisition of property or house at the of selling this property you could take benefit of this stamp duty deduction…. Hence in your case you can not take deduction
Mr. A can claim exemption U/s. 80C since the stamp duty paid by him.
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