Sir Please guide me.
If property is on name of husband and wife say 50:50 %.Suppose after selling this property there is LTCG. We are not taking any exemption. My question is, can husband pay full capital gain tax from his account. Wife is having no/negligible income.
Thank you
If the sale deed is signed by both, TDS is deducted over both, declaration of capital gains is mandated in both PAN.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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