Long term capital gain on sale of house property
1 year ago
If property is in the name of one brother but actually it's property of three brothers and it's ancestral property but after the death of father it was registered in the name of one.
Now, can we share the sale proceeds equally and pay LTCG individually as per individual share or it has to be paid as whole by one in whose name property was.
A.Dear Client,
If property is registered in the name of a specific person, then it will be paid as whole by one in whose name the property is.
If property is registered in the name of a specific person, then it will be paid as whole by one in whose name the property is.
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A.Dear Sir/Madam,
You have to register a settlement deed and accordingly make payment to the concerned department, You better approach CA / Auditor
You have to register a settlement deed and accordingly make payment to the concerned department, You better approach CA / Auditor
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