Capital gains
This query is : Resolved
19 October 2012
one old lady had sold her property and she want to purchase property in the names of her children, whether she get exemption under sec 54 or not
21 October 2012
The residential house property should be registered in the name of the assessee to be eligible for exemption.
In this case, the lady can be one of the co-owners and her children can be the other co-owners.
In this case, the lady can be one of the co-owners and her children can be the other co-owners.
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