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Capital gains
The assessee has sold residential house site and planning to buy/construct residential house.The assessee's husband owns a residential apartment
1.whether she is entitled to buy/construct a residential house to claim capital gain exemption since husband already owns one residential apartment?
2.whether she has to invest capital gains/ net consideration in capital gain accounts scheme?
Replies (5)
if the new house is in assessee's name then yes she can take benefit of exemption....
assessees husband owns a residential apartment .can she buy new house ? can he buy new house in her name?
assessees husband owns a residential apartment .can she buy new house ? can he buy new house in her name?
assessees husband owns a residential apartment .can she buy new house ? can he buy new house in her name?
ya she can
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