Section 80c deduction - stamp duty

677 views 3 replies

Hi All

 

I bought a residential Flat in the year 2010, and got the possession of the flat on 13th March, 2011.The stamp duty amounting to Rs 4.54 lacs was paid in the month of March 2012 (Not in March 2011).I want to know, whether i am eligible to claim deduction for payment of stamp duty under section 80C for the F.Y 2011-12.

 

Regards

Replies (3)

hi,

i think in Sec 80C is eligible only for Payment of home Loan.

amount paid for stamp duty is also eligible for deduction u/s 80C in the year of payment.

source: https://www.indiantaxupdates.com/2013/01/13/stamp-duty-and-registration-charges-deduction-us-80c/

Amount paid for Stamp duty on Registration of Flat ( At the time of payment) is also eligible for deduction U/s- 80C .

 

https://www.indiantaxupdates.com/2013/01/13/stamp-duty-and-registration-charges-deduction-us-80c/

Read more at: /forum/section-80c-deduction-stamp-duty-236681.asp#.UQdZrjfm5fQ

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