Fight b/w section 54F & 80C

Tax queries 2033 views 46 replies

I agree with sukriti jain

@ Balakrishna:

There is nowhere in the act saying you cannot claim both. 

Replies (46)

I agree with sukriti jain

@ Balakrishna:

There is nowhere in the act saying you cannot claim both. 

We are taking benefit of principal repayment of loan u/s 80c, that  amount we take as cost of house u/s 54 F.

same logic we can apply for stamp duty also. So, both benefit will be allowed.


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