for F Y 2025-26 if Residencial property LTCG of Rs 5300000/- in case of joint owner ship means each owner 2650000/- gains 1 my question is if not buy property up to 31 july 2026 then we can open capital gain account single and deposit in each account 2650000/- 2 we can purchase of Rs 5300000/- in joint 3 we can purchase of Rs 2650000/- each owner for saving of capital gain accounts
For a joint residential property sale in FY 2025-26 generating a total LTCG of ₹5,300,000, each owner is individually assessed for their ₹2,650,000 share. To secure the Section 54 exemption, the owners have the flexibility to either deposit the funds into individual (not joint) CGAS accounts by July 31, 2026, jointly buy a single new property worth at least ₹5,300,000, or independently buy separate properties worth at least ₹2,650,000 each.
is it always 50% ratio???,
what if one's share is more than other??? can we distribute CG as per income or mutual understanding
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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