Capital Gains
This query is : Resolved
08 August 2020
If money is withdrawn from Capital Gains Account Scheme (savings account) after 2 years from the date of transfer of original asset, is it taxable in that year only i.e year of withdrawal or it is taxable after 3 years are completed from date of transfer of original asset as per sec 54F?
CA R SEETHARAMAN
(Expert)
08 August 2020
it is taxable in that year of withdrawal.
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