banner_ad

Capital gains from house

Tax planning 462 views 3 replies

Hello,

I am planning to buy flat (primary home)in joint name (50-50 wife and I). I will be paying 100%.

If we sell it after 10 or 15 years then will all the gains be taxed in my name due to clubbing provisions or just the 50%.

Both retired and currently our house hold income is 35% from wife and 65% myself. 

 

Thanks 

 

Replies (3)

It will be shared between your wife & you............... as per the property registered .

Though agt. will be on 2 or more than 2 names
for taxation matters
always ratio of contribution counts
in above case....only husband will bear tax
You may go by Supreme Court Judgements on this matter


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details