jagadeeswaran.l
(Expert) 05 February 2010
the stamp duty and registeration charges makes part and parcel of your flat and you avail the tax benefits, under the heading housing loan.
A V Vishal
(Expert) 05 February 2010
You can claim deduction for stamp duty and registration on purchase of a flat u/s 80C of the Income Tax Act, subject to the overall ceiling of Rs.1.00 lakh prescribed under the act.
Vineet
(Expert) 07 February 2010
Agree with Vishal. Further to it, this is included in the cost of asset for purposes of computation of capital gains.
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