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Deduction

This query is : Resolved 
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(Querist)
22 July 2015 If the husband invested the amount in purchase of new house. The amount invested was received from the sale of old house (in the name of wife) can he elligible for deduction??
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
22 July 2015 If the old house was in the name of wife capital gains will accrue to wife and only she will be eligible to make investment in new house so as to be eligible to claim capital gains exemptions.
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