Capital gain


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 March 2018 Dear sir
Purchase house rs 700000(2012-2013)
Sales 15lakhs (17-18)
So my question is how to save my capital gain. After March I have purchased a new house.
Can I opened capital gain account in nationalized bank for saving capital gain.

22 March 2018 yes you can deposit the money in capital gains accounts scheme. Refer section 54 for requirements for claiming exemption

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2018 Capital gain account open before the due date of filing return 31st July 18.
I am correct sir. Kindly advise me

24 March 2018 yes. that should be sufficient...


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