Capital gains tax


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 August 2017 Respected Sirs
Whether capital gains tax arising form the sale of an urban property belonging to a wife can be adjusted in building a house on an rural agricultural land belonging to the husband. (with the permission of the gram panchayat) Please clarify the same with the appropriate provisions of law.
Thank you.

31 August 2017 Yes it can be adjusted, just make sure that new house is in name of Wife.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 September 2017 Respected Sir
With reference to your reply above, kindly clarify whether the rural land belonging to the husband needs to be transferred in the name of the wife. or whether mere construction of the house building in the name of the wife would suffice


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details