16 October 2014
Dear Sir, Recently I have sold land plot which was jointly owned by me and my wife where my name was first in sale deed and my wife's name was second. For next year return filing do we both need to show this in our return or either my wife or I can show in anyone's return ? If we invest sale proceed in new property for tax saving, do we need to register new property also on both name ?
21 October 2014
At the time of buying property my wife was working but after year or two, she left the job. What's proof required for her contribution?
21 October 2014
the question is not whether she was working or not...question is whether she contributed or not. Her savings at the time of purchase can be a good parameter.