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in whose name i have to open Capital Gain Account Scheme

This query is : Resolved 
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(Querist)
17 February 2010 In whose name the capital gain account scheme be opened in case of clubbing of income.

Transferor is husband, transferee is wife. wife have a capital gain which is coming under clubbing provisions. Now tell me in whose name i have to open the account.

Thanks in advance
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shrikant

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shrikant (Expert)
17 February 2010 Dear jassy

It does not matter in which name because spending is criteria and the said spending also clubbed.
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sivadas chettoor

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sivadas chettoor (Expert)
20 February 2010 open it in the name of the husband.
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