Long term capital gain

In case of joint ownership, always first name is considered by the department. If the first name is of the husband who has sold the property earlier, he can take the benefit of exemption u/s 54 even if the new house has joint ownership.

 if all the consideration is paid by you,you can claim exemption.this is because in case of joint ownership the income from such house property is to be seperately taxed in both hands as per section 26.but deemed owner rule applies in case of full consideration paid by u.

correct me if am wrong