Purchase of property in joint name

vsraj (administration) (135 Points)

01 May 2019  

I will be purchasing a Property (Flat) shortly out of my resources.  Can I include my wife as a Joint purchaser even though she is not having any Income.   One Financial consultant advises me that it can be done -  due to astrological reasons.   

Qn:1.   Will IT department accept this argument ?

      2.   In case of my death, will the property pass on to my wife automatically without any hitch?