Section 80c deduction - stamp duty

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Assistant
24 Points Posted on 28 January 2013

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

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On 28 January 2013 at 15:04 Report
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123
104 Points Posted on 28 January 2013

hi,

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

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On 28 January 2013 at 16:27
Guest

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/

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On 28 January 2013 at 17:21
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AUDIT TEAM LEAD - CA FINAL
468 Points Posted on 29 January 2013

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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On 29 January 2013 at 10:42

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