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Long term capital gain

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(Querist)
25 July 2014 if I sale my house property other than self occupied and invest in New house property on the name of my son in GIDC(Industrial area) for earned rent income. Wether long term capital gain it adjustment against this property.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 July 2014 while such claims have been allowed in past, it is always advisable to buy in your name or in joint name
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
29 July 2014 then ito will get chance to oppose this saying its jot not in ur name so better go for joint ownership...........
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