I paid registration fees while purchase house.
Is it eligible for deducttion Us 80C or and ohter deduction or exemption?
If yes plese quote ans with refference.
Guest (n/a) 28 April 2009
I paid registration fees while purchase house.
Is it eligible for deducttion Us 80C or and ohter deduction or exemption?
If yes plese quote ans with refference.
A V Vishal (Advocate) 28 April 2009
Registration charges is eligible deduction u/s.80 C subject to the limit specified in the Act viz.Rs.100,000/-.
Please refer S.80C(2)(xviii)(d)
murali (Tax Practitioner) 21 November 2009
Stamp Duty, Registration Expenses and any other expenses related to transfer the property are allowed under this section.