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Capital gain tax
Property purchase 2012 @ 450000 and sale 2018 @ 600000, payment bank deposit in house wife account with no income,before 2018 no return filed by housewife,problem is that housewife ko kon sa return form fill krna hai and capital gain tax ki housewife pr kya liability bnegi.With indexation check 123000 rs bn rhe hai, reply plz
Replies (2)
Who was the owner of property sold? Housewife herself?
If yes, no tax liability....... file ITR 2
K,thnk
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