Stamp Duty & Registration........

I have purchased Under Construction Flat  in FY 2010-11........(Possesion expected in FY 2011-12).........

1)Can I claim IT exmption for paid stamp duty & registration fee.....????

2) If Yes......still when the case is.........If I have taken home loan &......80% i.e.: Bank part of property cost -do include  stamp duty & registration fee also (this is when intrest will be paid forsaid 80% part& IT exmption will be taken in subsequent yrs...)...............????

Replies (1)

Makrand ji,

First of all congratulations to you for purchasing a flat....!!!

Coming to the query raised  by you  could you please make query with small sentences as it is difficult for any body to "fill in the blanks". 

You please draft your questions by numbering them. You will definitely get the answer.  

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