Closure of capital gain account.
This query is : Resolved
CA Nimesh Khandelwal
(Querist)
13 August 2014
Dear Sir,
Whether A.O permission required for closure of capital gain account and what is the documents required for the same.
Thanks......
Whether A.O permission required for closure of capital gain account and what is the documents required for the same.
Thanks......
Nikhil Kaushik
(Expert)
13 August 2014
if there is any unutilized amount left in the capital gains account, then yes, you need AO's explicit written approval for closure of the account.
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