Clubbing of capital gain

Dear Rajiv

Yes both can claim 'Nil' capital gian tax, for further detail please refer to my article below on Capital Gain:-

/articles/summary-on-section-54-exemption-capital-gain-with-case-law-17849.asp

Thanks for the quick clarification. I understand that para 13 of your article would be applicable?

Yes, and also refer to point 5, which say's that the capital gain money should be used for the purchased for other house u/s 54, it should be registered in that person name completely or partialy is not important.

The section only wants that the capital gain income should be invested in other house thats it.

Hi Rajiv,

Yes both can claim "Nil" Capital Gain tax..

Thanks Akshata