Capital Gain tax query

Tax queries 80 views 2 replies

Property is in my brother's name and there is no nomination for this property. However, he is bedridden and can't do day to day activities.

He asked me to sell his property and invest capital gain in my name. Can it be done?

Can capital gain be invested in the name of blood relative (not in the name of assessee)

 

 

Replies (2)
No. This is not allowed for getting deduction.
No you are not eligible


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