Exemption - Capital Gain

Paresh Rathod (CA) (222 Points)

18 July 2011  

I have sale one House which have joint nane (First Name - Mother, Second name - Son) out of this money i purchased the new house which is also in joint name (First Name - Son, Second Name - Mother). So, plz advise me whether mother get exemption on capital gain.



Paresh Rathod