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Stamp duty paid for purchase of 10 year old house.
I have purchased a 10 year old house form somebody. I paid 300000 rs as stamp duty through bank challan. can I claim 80C rebate in that financial year.
Replies (10)
Not at all, there is no provision under Sec 80C for deduction in respect of stamp duty.
Amount of stamp duty added to cost of house.
Amount of stamp duty added to cost of house.
80C deduction is not available for stamp t
Stamp duty, registration fee is available for deduction under Sec 80C ( xviii ) ( d ).
Is stamp fee of old house also ?????
Not available as Sec 80C(xviii)(d) is available For f.y. 18-19 only.
I can see the stamp duty deduction section in fy 2020-21 bare act too
Stamp duty and registration charges and other expenses which are directly related to the transfer are allowed as a deduction under Section 80C. The maximum deduction amount allowed under this section is capped at Rs. 1,50,000
Thanks to all for your valuable comments
Your welcome
Thanks Raj C Dosi for information, i will check it out.
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