Capital gains tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2018 If an Assessee has sold House Property Which was completely in her name & now new House Property is Purchased which is in the name of Husband only So, in this case will the Assessee (who has sold his house property) will be eligible to claim Exemption from Long term Capital gains tax when the Funds received from sale of House Property are Invested in the New House Property (but new House Property is in the name of Husband only & not in Joint Names)

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26 July 2018 Issue is debatable, courts have decided for and against assessee.

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2018 @B.Chackrapani Warrier
Sir can You Share the Judicial Judgements if you have

27 July 2018 Favourable - DIT Vs. Mrs. Jennifer Bhide (2011) 203 Taxman 208 (Kar).

Unfavourable - Prakash Vs. ITO (2008) 173 Taxman 311 (Bom).


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