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Exemption - Capital Gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2011 I have sale one House which have joint nane (First Name - Mother, Second name - Son) out of this money i purchased the new house which is also in joint name (First Name - Son, Second Name - Mother). So, plz advise me whether mother get exemption on capital gain.



Regards,

Paresh Rathod

19 July 2011 AS PER FACTS GIVEN THE ANS IS YES
CA MANOJ GUPTA
JODHPUR
09828510543



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