u/ravtherocker

I use my wife’s Demat account for investments and file her ITR showing zero income. In her AIS, I have submitted that the income belongs to her spouse.

For the capital gains arising from investments in her Demat account, I file the ITR and show the income as “income of a specified person” under clubbing provisions, and pay the applicable tax.

Now, I want to purchase a residential property in my name during this financial year.

Can I claim relief under Section 54F?