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A flat is in the joint name of husband and a wife. A new flat is purchased without the selling the old one. The purchase was financed through loan and sale of wife's jewellery. Old flat then was sold within 1 year to claim capital gain exemption against the purchase of new flat. My query : Can husband claim the capital gain exemption against the sale of old flat+ can wife claim the capital gain exemption on sale of jewellery as those proceeds were utilized for the purchase of new flat |
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