Hard to get capital gains benefit for joint houses

A common entrance, common electricity meter and integrating the property can help

Tinesh Bhasin
Last Updated at August 31, 2017 02:58 IST

Hard to get capital gains benefit for joint houses

Recently, the Income Tax Appellate Tribunal, Delhi, said that if a taxpayer sells multiple properties to invest in a house, he can get the long-term capital gains tax 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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