I purchased a flat in bangalore that was under construnction. An amount was paid separately for VAT to the builder. Am I eligible for a receipt? Is there any adjustments available for the VAT paid in direct taxes (income tax/other)? I am a salaried individual.
Thanks
vystem
NO ADJUSTMENT WITH DIRECT TAX
BUT YOU WILL BE ABLE CLAIM DED U/S 80C IN FUTURE IF DTC IS NOT APPLICABLE AT THAT TIME
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