Hello,
I am planning to buy flat (primary home)in joint name (50-50 wife and I). I will be paying 100%.
If we sell it after 10 or 15 years then will all the gains be taxed in my name due to clubbing provisions or just the 50%.
Both retired and currently our house hold income is 35% from wife and 65% myself.
Thanks
It will be shared between your wife & you............... as per the property registered .
O P Bagla & Co LLP
New Delhi
CA Inter
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