Dear Experts,
I bought a old house and paid stamp duty of Rs. 80000/-, Registration fee of Rs. 16500/-.
Can i get the exemption u/s 80 C? please explain.
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Taxability u/s 80 c for stamp duty paid- house property
Replies (3)
Yes, Assessee can claim exemption u/s.80C(2)(xviii)(d) for Stampduty,Registration fee and Other expenses incurred for the purpose of transfer of such house property to the assessee.
Thanks for the reply.
I am confused because the wording of the said section says "Acquisition or construction of New residential property"
What you say?
No such terminology and Pls see in IT Website
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