Capital gains accounts scheme, 1988

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Shubham Jain (Querist)
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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Kindly tell me what is the Tax Treatment of the Amount Withdrawn.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???

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 March 2015 http://www.charteredclub.com/capital-gains-account-scheme/

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