Capital Gain from house property

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  1. Rajib Rej

    Rajib Rej New Member

    I want to know whether capital gain (Sec 54 ) arise in hands of assesse can be invested for purchase of house property (Joint purchase) where wife of assesse is first co owner and assesse is 2nd co owner?
    Also is there any change in finance act 2016 regarding investment under construction property from 3 years period to 5 years?
     
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