Queries related to LTCG

Jitesh (Owner) (23 Points)

31 August 2020  

1. If someone sells a property than in how many properties a person can invest to save LTCG

2. If that person doesn’t have supporting documents for COI than how can we calculate the COI while calculating capital gain.

3. Is there a clause which says a person can’t buy more than 2 properties on his/her name.

4. What if a person sells a property and transfer the amount to her son/ daughter’s account and they buy a property and gets rental income than will that income be clubbed in the source’s income?

5. If a person invest in 2 properties, can the remaining amount be invested in NHAI bonds ?