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Capital gain tax on property sale which is on joint name

Tax queries 1040 views 1 replies

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

Replies (1)

If the sale deed is signed by both, TDS is deducted over both, declaration of capital gains  is mandated in both PAN.


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