Section 80c and Stamp duty

Deduction under section 80c is not only the principal portion of repayment but also the stamp duty and registration charges. The amount of stamp duty and registration charge should be paid in the last year.The amount should be paid by the claimer himself. If you have paid your stamp duty and registration charges in earlier years it will not be eligible for section 80c. The deduction is not available for interest payment on home loan under section 80c. It is available for deduction under section 24.

Tax Deducted at Source

Tax deducted at source is one of the hot topics that is being searched over the internet. This is especially true for various TDS RATES that are applicable for various transactions. The concept of TDS states that if any person is making any payment to another person for any service or contract then that person has to deduct TDS on the rates prevailing for that contract or transaction.
There are various rates of TDS that are being mentioned in the Indian Income Tax Act. For all of these the sections after 190 should be referred.