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Hard to get capital gains benefit for joint houses

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Tax Benefit On Sale Of House

Tinesh Bhasin 



Hard to get capital gains benefit for joint houses

Recently, the Income Appellate Tribunal, Delhi, said that if a taxpayer sells multiple properties to invest in a house, he can get the long-term capital gains benefit on all the house he sells. But what happens if an individual sells one house and invest in multiple properties?

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First Published: Wed, August 30 2017. 23:34 IST

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