Sec. 54
This query is : Resolved
13 July 2012
Dear sir
There is a query regarding sec. 54:-
I have a residential house in India and i have sold it and pay all the TDS on the capital gain and then purchased a new residential house in USA. Now I want to treat myself as the first person and my son as the second person in the registery of the house. Now will I get refund u/s 54 as it is not at name solely of the assessee. Is there any case law regarding that then please give the reference of that.
Thanks in advance.
There is a query regarding sec. 54:-
I have a residential house in India and i have sold it and pay all the TDS on the capital gain and then purchased a new residential house in USA. Now I want to treat myself as the first person and my son as the second person in the registery of the house. Now will I get refund u/s 54 as it is not at name solely of the assessee. Is there any case law regarding that then please give the reference of that.
Thanks in advance.
13 July 2012
pLEASE FOLLOW THE LINK-
http://taxworry.com/exemption-54f-allowed-property-wife/
http://taxworry.com/exemption-54f-allowed-property-wife/
14 July 2012
Thanks a lot sir
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