Hello
I have bought flat on my name with my father and mother as joint holders.
Within 4 months I have sold my old home which was on my father's name and myself and mother were joint holders.
As per section 54 I can claim benefit on long term capital gain tax as I have sold old home within 1 year.
I have below question:
- I have bought home and have 26qb on my pan but have contribution from father as well as mother.
- Old home sold has 26qb on my father's pan but myself and mother were joint holder
How can I file return for long term capital gain tax?
CAclubindia
