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Stamp duty paid for purchase of residential house allowed u/s 80C
If the house property is a residential house property, then stamp duty paid at the time of purchase of the property is eligible for deduction under section 80C (Section for investment of LIC/PPF/NSC etc) upto Rs.100,000/-. //
PPF IS PREMIER TAX SAVER
v PPF offer the best result from tax point of view and is most popular in the middle class taxpayers especially the employees. Public Provident Fund(PPF) benefit is available not only to contribution made in the name of the assessee … Continue reading