https://www.taxtmi.com/forum/issue?id=111519 Allocation of sale consideration for a jointly owned property is apportioned among owners according to their registered shares and each owner is taxed on their apportioned amount; if the registered documents do not specify shares, the consideration is divided equally among the joint owners for capital gains tax purposes. en-us Fri, 17 Feb 2017 04:54:34 +0530 Thu, 23 Jan 2025 15:56:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111519 Allocation of sale consideration for a jointly owned property is apportioned among owners according to their registered shares and each owner is taxed on their apportioned amount; if the registered documents do not specify shares, the consideration is divided equally among the joint owners for capital gains tax purposes. Discussion-Forum Income Tax Fri, 17 Feb 2017 04:54:34 +0530 https://www.taxtmi.com/forum/issue?id=111519