Capital gain

Tax queries 114 views 1 replies

Dear Experts,

My Brother  and his wife is a salaried person. they had sold an old residential flat and bought new one in FY 17-18. they are joint co owners. now my question is,do they both need to show capital gain and exemotion u/s 54 in their return or any one of them can show it?

Replies (1)

Who were the owner/s of the property sold?

If both of them, declare in both files...


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