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Distribution of capital gain

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(Querist)
27 June 2017 If Property is in the name of both husband and wife, then on the sale of such property if any Gain will arise then such gain will be Share by both of them or any one can claim the entire gain?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 June 2017 Gain has to be shared by both.
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 June 2017 since property is in the names of Husband and Wife.....capital gain is also distributed among the two




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