capital gain on house

i think amir is correct.

the section 54  gives the exemption for the utilization of the money 

the ssection 54f gives the exemption only if the utilisation and the ownership in the name of the concerned assessee are satisfied.

dear friend

i think if son is minor then there will be no problem regarding exemption but if son is major i think the case and explanation  submitted by friend amir is right. i also never heard that ownership shoulb be in assesse name so he can claim exemption in this case.

regards

tarun rustagi

dear friend

i think if son is minor then there will be no problem regarding exemption but if son is major i think the case and explanation  submitted by friend amir is right. i also never heard that ownership shoulb be in assesse name so he can claim exemption in this case.

regards

tarun rustagi

dear friend

i think if son is minor then there will be no problem regarding exemption but if son is major i think the case and explanation  submitted by friend amir is right. i also never heard that ownership shoulb be in assesse name so he can claim exemption in this case.

regards

tarun rustagi