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Capital gain accounts scheme not used within 3 years

This query is : Resolved 
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(Querist)
28 December 2021 Dear sir

If an assessee had deposited proceeds of capital gains in Capital Gain Accounts Scheme & the said is not used within a period of 3 years then

a) Where to these unused deposits chargeable to tax (Capital gain or other source)
b) If it should be shown in Capital Gains then what will be cost of asset? i.e original cost of asset trfd or proceeds of CGAS?
b) Rate of tax
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 December 2021 a Capital gains.
b Original cost of the assets.
c 20% tax payable.
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