• Registration charges tax deductible

I am looking to get a personal loan to pay for registration charges of my newly bought flat. Since part of the registration is being paid via a personal loan, can i show the registration amount for deduction under 80c.
Asked 5 years ago in Income Tax

Yes stamp duty and registration charges are eligible for 80C

Vidya Jain
CA, Kolkata
1027 Answers
58 Consultations

Hello,

 

Yes, you would be eligible for deduction u/s. 80C for registration charges.

I hope that this answer satisfies your requirements.

 

Regards,

CA Hunny Badlani

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

Yes, there is no debar in the law for that 

Vidya Jain
CA, Kolkata
1027 Answers
58 Consultations

Yes, even if you pay it through a loan.

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

Hi

 

Payment of registration charges are eligible for deduction under section 80C.

Lakshita Bhandari
CA, Mumbai
5687 Answers
943 Consultations

Yes, deduction shall be allowed even if payment is made through a personal loan.

Lakshita Bhandari
CA, Mumbai
5687 Answers
943 Consultations

Yes you can claim the deduction.

Vivek Kumar Arora
CA, Delhi
5017 Answers
1141 Consultations

Yes you can claim deduction of registration charges under section 80C even if it's via personal loan but you can't deduct principal amount if it's personal loan.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

Naman Maloo
CA, Jaipur
4303 Answers
101 Consultations

Hi,

 

Yes, you can show the registration amount for deduction u/s 80C.

Payal Chhajed
CA, Mumbai
5189 Answers
303 Consultations

Even it is paid through personal loan,deduction shall be allowed.

Payal Chhajed
CA, Mumbai
5189 Answers
303 Consultations

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