Capital gains tax due date extended

This query is : Resolved 

17 July 2015 I have a long term capital of Rs.1000000 on sept 2014 from the sale of a residential apartment. I havent been able to invest the LTCG till now. So, now I have to create a Capital Gains Account Scheme account before 31 July 2015. However, the due date of furnishing income tax return has been extended to 31 August 2015. 1. Does this mean that I can create a Capital Gains Account Scheme account before 31 August 2015. Or do I have to create it before 31 July 2015.

18 July 2015 Yes you can create a capital gains account before 31st August 2015, being the due date for filing the return.


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