Capital assest and exemption
pooja dedhia
(Querist) 29 July 2012
This query is : Open
mrs A has exchange a gala in the same premises . from this traction she gain long term capital gain.
her brother in law want to book the flat under the re development project . can mrs A invest the long term capital gain in her brother in law's property(intend to purchase flat under construction through re development project) . if this traction will be carried out ,then mrs A will be co-owner of that property.
how to determine the percent of shares of ownership right getting by mrs A and his brother in law?mrs A has exchange a gala in the same premises . from this traction she gain long term capital gain.
her brother in law want to book the flat under the re development project . can mrs A invest the long term capital gain in her brother in law's property(intend to purchase flat under construction through re development project) . if this traction will be carried out ,then mrs A will be co-owner of that property.
how to determine the percent of shares of ownership right getting by mrs A and his brother in law?
