Capital Gains out of sale of land LTCG exemption

Share
Share This Thread
  1. Prakash1958

    Prakash1958 New Member

    In 2005 I have purchased a plot out of my own income in my daughter's name who was a student then. Recently I have sold the land.Now my daughter is a major, stays abroad, not an income tax assesee in India. My query is whether the proceeds of LTCG arising out of sale can be invested in Capital bonds in my name for tax exemption or should they be invested necessarily in my daughter's name.
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
AGRI LAND SALE – CAPITAL GAINS EXEMPTION Income Tax Jul 12, 2018
Release of Funds from Capital gains account Income Tax Jun 7, 2018
Capital Gains tax Income Tax Feb 12, 2018
Capital gains bonds investment in the name of deceased person Income Tax Feb 9, 2018
CAPITAL GAINS ON SALE OF PROPERTY Income Tax Jan 6, 2018