Hi,
I have purchased a house, which I need to register now. To help me, my father has sold one of his house and gave almost 40% of his sales proceeds. Now please let me know how I can plan to avail capital gain exemption. should I register it along with my father as a co-owner or can I consider the house that is sold as a gift to me by executing a gift deed.
Please reply asap.
Thanks!!
Bhargavi.