hi, I have purchased a flat in this financial year and incurred a cost of rs 2 lacs on registration & stamp duties as cost of registration of this property in my name..guide me that is this cost deductable in tax computation..? asked Feb 25 '12 at 23:31 by shalendra 1●1●1●1 |
Tax deduction is available for amount paid for registration and stamp duty charges of house. This is u/s 80C and maximum limit is Rs 1 lakh. answered Feb 28 '12 at 18:35 by Pankaj Batra 5.2k●3●20 |