Capital gain
This query is : Resolved
Prashant Lokhande
(Querist)
06 September 2013
Respected All,
Please resolve a querry.
Husband and wife have a property in joint ownership. In current financial year they sold this property and purchased a new property in the name of husband only.
My querry is, can a wife claim benefit u/s54?
Please reply..
Please resolve a querry.
Husband and wife have a property in joint ownership. In current financial year they sold this property and purchased a new property in the name of husband only.
My querry is, can a wife claim benefit u/s54?
Please reply..
CA PARAS BAFNA
(Expert)
06 September 2013
The issue is controversial. Still you may refer the link-
https://www.succinctfp.com/index.php/claim-deduction-us-54-and-54f-even-if-the-new-property-is-bought-in-spouse-name/
https://www.succinctfp.com/index.php/claim-deduction-us-54-and-54f-even-if-the-new-property-is-bought-in-spouse-name/
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
