Capital Gain Deposit Scheme - Time Limit for AY 2020-21
This query is : Resolved
12 November 2020
Dear Sir/Mam,
1. What is the time limit for depositing amount of Capital Gain in Capital Gain Deposit Scheme for AY 2020-21?
2. If not deposited within time, then what other options are available for claiming exemption u/s 54?
3. And for claiming deduction u/s 54 (Capital Gain Deposit Scheme), Individual should hold ONLY ONE HOUSE Property, on the date of transafer?
1. What is the time limit for depositing amount of Capital Gain in Capital Gain Deposit Scheme for AY 2020-21?
2. If not deposited within time, then what other options are available for claiming exemption u/s 54?
3. And for claiming deduction u/s 54 (Capital Gain Deposit Scheme), Individual should hold ONLY ONE HOUSE Property, on the date of transafer?
12 November 2020
1 Deposit before 31st December 2020 due date of filing return.
2 No other options.
3 No restrictions in case of sale of residential House.
2 No other options.
3 No restrictions in case of sale of residential House.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- GST Rate for Catering Services
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Journal entry of busniess expenses
- TDS AND ITR ISSUE
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- FCRA 6 E- Intimation
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
