Capital gains accounts scheme, 1988
This query is : Resolved
24 March 2015
hello,
My Query is In Financial year 2011-2012, i sold a long term capital Capital of 11 lakhs and deposited the same in the Cspital gains Accounts Scheme. Now i want to Withdraw the corresponding amount deposited in the Scheme.
Kindly tell me what is the Tax Treatment of the Amount Withdrawn.
Also tell me whether there is any Stipulated time Limit of Deposit of Under the said account, i.e. whether i can deposit the amount for Further time of Around ten years, is there any Time limit of Deposition of amount in the Account???
My Query is In Financial year 2011-2012, i sold a long term capital Capital of 11 lakhs and deposited the same in the Cspital gains Accounts Scheme. Now i want to Withdraw the corresponding amount deposited in the Scheme.
Kindly tell me what is the Tax Treatment of the Amount Withdrawn.
Also tell me whether there is any Stipulated time Limit of Deposit of Under the said account, i.e. whether i can deposit the amount for Further time of Around ten years, is there any Time limit of Deposition of amount in the Account???
24 March 2015
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