Capital Gain Account Scheme,1988
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2011
As per Act,the amount of Capital Gain can be deposited in the Capital Gain Account prior to filing of the Income Tax Return for the previous year.
Is there any implication of charge of interest if such amount is deposited after 31st March but before filing the return ?
Is there any implication of charge of interest if such amount is deposited after 31st March but before filing the return ?
31 May 2011
No Interest is required to be paid by the assessee.
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