Stamp duty tax exemptions on agriculture land or land purchase !!
Atul
(Querist) 31 December 2012
This query is : Resolved
Dear Sir,
I am from farmer background and working software professtional.
I purchased a agriculture land near to my home town and would like to know that can I use stamp duty paid during registry for TAX EXEMPTION like for house.
Please confirm.
Thanks a lot in advance.
Regards,
Atul
Raj Kumar Makkad
(Expert) 10 January 2013
No. You cannot do so as there is no such law favouring your desire.