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| This query is : Resolved
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Author : Anonymous
( Author )
29 July 2012
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mrs A has exchange a gala in the same premises . from this traction she gain long term capital gain.
her brother in law want to book the flat under the re development project . can mrs A invest the long term capital gain in her brother in law's property(intend to purchase flat under construction through re development project) . if this traction will be carried out ,then mrs A will be co-owner of that property.
how to determine the percent of shares of ownership right getting by mrs A and his brother in law?
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Amol S. Joglekar.
( Expert )
02 August 2012
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normally the % of share is decided as the proportion of investment made. The same rule is applicable here.
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Author : Anonymous
( Author )
11 August 2012
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sale deed is made on 4 April 2012,what the due date to make the investment ,so exemption is available.
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Amol S. Joglekar.
( Expert )
14 August 2012
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for purchase 1 year before or 2 years after and in case of construction 3 years after. The wording of sale deed will decide whether it is PURCHASE or CONSTRUCTION. The redevelopement schemes agreement needs to be read in very carefully for this purpose.
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Author : Anonymous
( Author )
20 August 2012
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if NABARD BOND WILL PURCHASED ,WHAT IS THE TIME LIMIT TO PURCHASE IT?
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Amol S. Joglekar.
( Expert )
20 August 2012
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on or before 3/10/2012
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