Recently I have purchased a flat with my father as a coower. The stamp duty that I paid for the same is Rs. 150000/-. Now since I can claim benefit on only Rs. 100000/- , is it possible that my father can claim for the other 50000/- ? Also to mention my father is a senior citizen. Any help is deeply appreciated.
Assessee himself must pay such amount to claim deduction under section 80C . Deductions shall not be available to any other member within in the same family making the payment on behalf of the assessee
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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