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Yes, 2 or 3 adjacent flats can be considered as "one" house property for capital gain exemption: Tax Talk - Readable format accessible at- http://ssrpn.com/article-details.php?id=1468

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Two person with same income could have different tax liabilities. Categorisation is crucial from tax perspective: Tax Talk- Readable format accessible at http://ssrpn.com/article-details.php?id=1467

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No cash no tax is not the law. Even exchange of proeprty wihtout cash element attracts capital gain tax: TaxTalk- Accessible at http://ssrpn.com/article-details.php?id=1466

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Capital Gain- Multiple issues: Tax Talk- Readable format accessible at http://ssrpn.com/article-details.php?id=1462

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Funny it may sound but Divorce is the one human tragedy that reduces everything to cash. No deduction towards alimony is available from the income: Tax Talk. Readable format accessible at http://ssrpn.com/article-details.php?id=1461

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“Taxes grow without rain” -Old Jewish Proverb. The same Would continue with the widening of the tax base year after year: Tax Talk. Readable format accessible at http://ssrpn.com/article-details.php?id=1459

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Benefit of carry forward of loss can also be enjoyed even if return is not filed. Thanks to CBDT- Tax Talk. Readable format accessible at http://ssrpn.com/article-details.php?id=1456

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