Capital gains
This query is : Resolved
11 September 2013
husband and wife both sold their individual long term residential properties in FY 2013-14. can they invest in a single residential property/residential plot? What would be the amount of capital gain exempt u/s 54? in case if they are not able to purchase/construct the new residential property before filing return of income for AY 14-15, is capital gains account scheme available to them jointly?
13 November 2014
1. yes they can invest in a single property.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
13 November 2014
1. yes they can invest in a single property.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
13 November 2014
1. yes they can invest in a single property.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
13 November 2014
1. yes they can invest in a single property.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
2. exemption amount depends on the capital gains and reinvestment amount
3. they need to open separate capital gains accounts scheme account.
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