I recently sold a property held jointly in mine. Father and mothers name. All of us got 1/3 of the sale proceeds in our accounts . For capital gains saving my parents are buying other property from there share along with my brother. I will be buying a separate property with my share. Question is
1. The separate reinvestmentin diffrent properties me and my parents are doing with their share is that fine legally.
2 can we buy new property in April next FY without putting money in Capital gains account
