No, you can not claim an 80C deduction on stamp duty and registration fee on your land purchase. Section 80C includes investments and expenses associated with financial instruments like life insurance premiums, Employee Provident Fund (EPF) contributions, Public Provident Fund (PPF) contributions, National Savings Certificates (NSCs), and more.
Stamp duty and registration fees paid for the purchase of land or property are covered in the cost of acquisition of the property, which affects the capital gains tax calculations when you sell the property in the future.
Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
CAN I CLAIM 80C DEDUCTION ON STAMP DUTY AND REGISTRATION FEE PAID IF I PURCHASE A LAND ONLY?
Rithik kedia
75 Views
1 Answers
1 Year
2023-08-21T19:22:39+00:00 2023-08-22T10:00:48+00:00Comment
Share