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VAIBHAV MANWATKAR (Dy manager)     04 April 2011

Stamp Duty and Registration charges of Property

Dear Sir,







My self Vaibhav manwatkar working in Ahmedabad







i have purchased proprty in Pune.







I have paid 60890/- as stamp duty & registration charges.







Please give me suggestion that can i claim this amount in under



section 24(b) Home loan interest payment.







My company taxation department says that you can consider this ammount



under section 80C.







Please give advise for the same



Learning

 1 Replies

A V Vishal (Advocate)     04 April 2011

Your company is right, you can claim the stamp duty and registration charges subject to the limit of Rs.1.00 Lakh u/s.80C Only, you cannot claim the same under S.24 of the act.


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