Regarding housing property

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 October 2015 Hello

My client bought a house property in 2010 with his wife name and borrowed housing loan with own name. in 2014-15 he sold out this house. Now i want to know that in 2014-15 who will pay the tax on capital gain. either his wife or asseessee self.
Thanks in advance

02 October 2015 Wife to pay capital gains tax.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 October 2015 BUT AT THE TIME OF PURCHASE MONEY WAS PAID BY HER HUSBAND.THEN WHAT WILL BE THE COST OF ACQUISITION.


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