For the purpose of filling ITR 3 Can I capitalise stamp duty and Registration fee with property value, if it is paid in Cash ?
Can I claim Personal Loan interest u/s 24(b) if it is used for purchasing house ?
Replies (3)
Quick Summary
This discussion clarifies how to handle expenses related to house property when filing an ITR 3. It addresses whether stamp duty and registration fees, even if paid in cash, can be capitalised with the property's value. Additionally, it confirms that interest on a personal loan used for purchasing a house is eligible for deduction under Section 24(b).