Capital Gain

This query is : Resolved 

Quick Summary
This discussion addresses how to handle the balance in a deceased individual's Capital Gains Account when a nominee is already registered. The recommended procedure involves submitting an application to the Income Tax Officer (ITO), who will then issue an order to the relevant bank for the balance disposal.

20 January 2020 How to dispose off the balance kept in Capital Gain A/c of the Deceased when Nominee is registered on the Capital Gain A/c

21 January 2020 you can make an application to ITO and he will give order to the concerned bank

21 January 2020 Thanks Amol Sir for the reply

22 January 2020 You are most welcome.


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