Regarding stamp duty

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37 Points Posted on 19 February 2020
I had paid stamp duty of Rs 19200 for purchasing of agriculture land. Can I deduct this under sec80C.
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On 19 February 2020 at 11:12 Report
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Quick Summary
This discussion clarifies whether stamp duty paid on agricultural land is eligible for deduction under Section 80C of the Income Tax Act. The consensus is that deductions for stamp duty under Section 80C are only applicable when purchasing a residential house. Therefore, stamp duty paid on agricultural land cannot be claimed as a deduction.

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17269 Points Posted on 19 February 2020
No deduction under 80C.
1 Reply
On 19 February 2020 at 13:22
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Manger Accounts & Finance
363 Points Posted on 24 February 2020
No deduction available
1 Reply
On 24 February 2020 at 21:02
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Partner
246 Points Posted on 25 February 2020

No deduction here, since stamp duty paid deduction is for residential house only. 

1 Reply
On 25 February 2020 at 16:18

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