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INVESTMENTS IN RESIDENTIAL BUILDIING BY HUSBANDS

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(Querist)
02 November 2019 A residential building is being constructed, which is in the equal joint names of my wife and my brother's wives. I want to know whether I, being husband, can invest in the construction of the building ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 November 2019 Yes you can invest it will be treated as gift to wife.

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