hello,
A wife purchased a flat for Rs.98000 and now she have sold that flat for Rs. 3000000
Her husband is already having a flat which have loan of Rs. 3000000
is it allowed that if a husband sell a part of his flat to his wife so that wife can get exemption u/s 54 and a husband can repay the loan amount.?
or is there any other solution for this situation?
CAclubindia
