Can a married woman puchase a property in name of her mother inlaw if she earn that money as a profit from selling a property? Will she have to pay interest on profit?
Menu
Purchasing a property
Replies (1)
The lady can purchase property in the name of her MIL, but if she wishes to save tax on long term capital gain received from sold property, then she must join the second property as joint holder and invest her share in the purchase proceeds.
Recent Topic
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
