sasideep reddy alla (2 years of experice as an Accountant) (62 Points)
28 December 2012Dear all,
Can you get any Tax Benefit for Registration charges paid for purchase of Agricultral Land.
Regards,
Sasideep.
Giridhar S Karandikar
(Team Lead)
(7553 Points)
Replied 28 December 2012
no tax benefit is available for regt chgs paid on agricultural land.
kavitha
(studying final)
(830 Points)
Replied 28 December 2012
Section 80C clearly specifies that stamp duty and registeration charges only for the purpose of transfer of house property is allowed. so in your case as it is agriculture land, no tax benefits available to you
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