My wife is a homemaker and doesn’t have any income. I’m making investments in her name separately, and I also do investments in my own name. Suppose we each have a long-term capital gain (LTCG) of ₹1.25 lakhs in a FY. Can we each claim an LTCG exemption of ₹1.25 lakhs, or do we need to combine our gains (totaling ₹2.5 lakhs) and only claim an exemption of ₹1.25 lakhs?
Menu
Clubbing of LTCG
Replies (3)
Thank you Sir. But if my wife's LTCG is 2 Lacks means, then remaining 75,000 need to be clubbed with my income? Is my understanding is right.
Recent Threads
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
- GST chow cause notice
Related Threads
CAclubindia
