Property investment

Santhosh (Querist) 07 February 2018 This query is : Resolved
Hi, Me and my wife jointly owned a apartment and sold it around a year back. 2/3 of the amount from selling was paid towards the outstanding home loan and for the remaining 1/3 amount I am yet to make any tax payment. We planned to buy a residential plot with the gain i.e. 1/3 gain, and I would like to register this plot in my wife's name. If so, will I still need to pay the income tax towards the gain from the apartment? Or should we register the property jointly in both our names

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