Any tax benefits on Stamp Duty, Registration Charges & direct payments made to builder for buying home?

I %26amp; my wife have jointly purchased a house. I am aware of the tax rebates available on Home Loan (Principal %26amp; interest) repayments.





I want to know if there are rebates/exemptions/deductions/benefits available on-


1. Amount that we have directly paid to the builder as initial installments.


2. Amount that we would pay as Stamp Duty and Registration Charges of the aforesaid property.


If yes under which sections?Any tax benefits on Stamp Duty, Registration Charges %26amp; direct payments made to builder for buying home?
Stamp duty, registration charges etc are added in the cost of home purchased. There is no other deduction available exempt as Home Loan tax benefits that you are aware of. For home loan interest and capital deduction, read http://mytaxes.in/index.php?topic=9.0. Any tax benefits on Stamp Duty, Registration Charges %26amp; direct payments made to builder for buying home?
Not right now. But when you sell the property the Stamp Duty and Registration Charges will add to the cost of aquisition while computing capital gains.
stamp duty and registration cab be claimed u/s 80 C up to Rs. 100000/- as deduction from income