Comment on Taxation Simplified
commented on
08 Oct 2013, 07:18 PM
what happens on profit of sale on 2nd residential property before 3 years as well as after 3 years.
The property is in joint name (both giving 50 %) So do both have tax benefit or both can deposit 50 lacs each in Capital gains account or bonds to save tax? please let me know
Thanks in advance