Long term capital gain on selling of house property

This query is : Resolved 

02 May 2024 sir
I was purchased a house in 2011 with my savings and housing loan. The was purchased on jointly me and wife name. In dec 2023 I was sold this house and 1% TDS was deposited in both of ours PAN account. Now I want to know that long-term capital gain will arise only on me or both of us.
thanks

02 May 2024 Technically, you both are co-owners of the HP, hence better to declare it under both PAN.

02 May 2024 sir
how ltcg be shared whether 50:50 ratio or in other ratios


02 May 2024 Unless it is specifically mentioned in agreement, divide it equally. Check the TDS certificate issued by purchaser for reconciliation.

08 September 2024 Good Luck.



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