Regarding housing property
This query is : Resolved
Querist : Anonymous
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
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.
Querist : Anonymous
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Free lancer income
- STCG FOR GOLD ETFs
- Specified Profession
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
