in whose name i have to open Capital Gain Account Scheme


This query is : Resolved 

(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

shrikant (Expert)
17 February 2010 Dear jassy

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

20 February 2010 open it in the name of the husband.


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