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Author Topic: capital gain  (Read 748 times)

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Offline msethi2690

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capital gain
« on: February 19, 2015, 01:34:32 AM »
 My father (alive) wants to sell his own purchased,  15 years old house in north  Delhi and want to purchase a new house in my name. how to save capital gain tax. I have 2 sisters. No dispute.

Offline user9999

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Re: capital gain
« Reply #1 on: February 28, 2015, 04:51:58 PM »
i think it is better to buy it on his name and then write a will stating you are the only inheriter...thats my knowledge..better check with CPA..
long term capital gains tax savings comes into picture only if a person invests the gain on a different property within 2 yrs of sale and on his name only..

 

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