Re Investment of Capital Gain from Housing Property

Lalit 1
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Is it necessary to use Capital Gain from Housing Property to buy property in own name or one can use the Capital Gain from Housing Property to buy property in the name of family member?

reinvestment house-property long-term-gains income-tax
1 Answers

New property should be in name of same person who has earned capital gains.

Pankaj Batra5212
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