Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Capital Gains

This query is : Resolved 

In case of death of a person, Property is Transferred to Wife & Children's name (Joint names only for safety purpose and no share mentioned).
Now the said property is intended for sale. So Capital Gains to be charged to Wife or all 3 in equal proportion? Should the amount be taken in Only the wife's account or all 3?
Any case law for Reference?

Capital Gains to be charged to all 3 in equal proportion in view of joint property.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries