Stamp duty and registration charges for a flat - 80c

Santosh Kr. Agarwal (Querist) 28 January 2015 This query is : Resolved
I have purchase a Flat on LOAN for my RESIDENTIAL PURPOSE & pay my Stamp Duty & Registree Fee by my Bank Account (Not included in Loan).

I found in I.T.Act under 80C that"(d) stamp duty, registration fee and other expenses for the purpose of transfer of such house property to the assessee" can claim in 80C. So

Can I claim it under 80C.

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Devajyoti Barman (Expert) 28 January 2015
consult with a tax professional.

Rajendra K Goyal (Expert) 28 January 2015
Payment of stamp duty and registration fee qualifies for deduction under section 80C of the Income-tax Act, 1961, within the overall limit of Rs.1.5 lakh.

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