Process in selling jointly owned house property

When you wish to purchase new house property in same name, no tax liability; exempted u/s. 54. Till that time you will be required to deposit the gains amount in CGAS,1988.

Thanks sir ,

need 2 more clarification .Being  a joint owner

1 ) If the consideration from sale should be partly taken on my account and partly in mother's account  ?? and to be shown separately in return ?

2) If the situation is the new property is purchased in single name either of mine or mother's , is partly adjustment in tax liability possible ? what is the best tax optimisation possible? I am under 30% bracket and mother - sr citizen and no income .  

regards

1. Better. But not compulsorily divided into accounts.

2. " and to be shown separately in return ?"          YES.

3. Better to purchase in both  names jointly. At least payment must be from each as per exemption to be claimed individually.