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capital gain

This query is : Resolved 

04 May 2010 suppose i have a house registered in my name, i have sold it. and get money in my account. purchase new house with that money and registered in the name of my wife, can i get the exemption under sec 54?
if no is there any tax planning on this regard?

05 May 2010 You purchase the same in your name and gift it your wife after 3 years



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