Capital Gain Scheme 1988

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02 July 2011 Can a Savings Bank Account be opened in Joint Names under Capital Gain Scheme 1988?

02 July 2011 U can't unless the underlying asset was in joint names.

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Querist : Anonymous

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02 July 2011 If the underlying asset is in joint names,do we have to open two separate Savings Accounts under Capital Gain Scheme,2011 since the Application Form A doesn't have any provision for joint names?

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Querist : Anonymous

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02 July 2011 Sorry,indvertently typed 2011 insstead of 1981.

02 July 2011 Yes two SB accounts. The scheme is called CGAS,1988.


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