54 f, 54b
This query is : Resolved
23 October 2012
Hi All,
When agricultural land sold ( urban) by wife and invested the money in residential prop by husband i e bought in husband's name then who can claim benefit ?
When agricultural land sold ( urban) by wife and invested the money in residential prop by husband i e bought in husband's name then who can claim benefit ?
23 October 2012
Benefit can be avail by the wife if that paroperty was in the name of her...ie...property was held on her name.
Both are diffrent taxpayer, so she can only claim for exemption.
Both are diffrent taxpayer, so she can only claim for exemption.
24 October 2012
Wife cannot claim exemption
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