Exemption Under Stamp Duty And Registration Of House - CiteHR
Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Dear Sir I want to know that can I get exemption under section 80 C for stamp duty and registration expenses paid of under construction flats.
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Dear Pankhil,
According to my knowledge, no IT exemption is available on payment of stamp duty and registration of any thing. However, you can consider the amount paid as expense while calculating gain.
Experts are requested to contribute their views.
Dear Sir I have heard that there is exemption under section 80C, but I don\'t know whether there is under construction or completed construction.
Dear Pankhil,
You are right. I am wrong. There is an exemption under section 80 C on stamp duty and registration fee paid on purchase of new house. Total exemption under this section is up to Rs. 1 lac.
Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™