If you're encountering an ITR filing error stating 'CGAS ACCOUNT IS NOT ENTERED OR NOT MATCHING WITH THE BANK DETAILS' when claiming an exemption under Section 54F for long-term capital gains, don't worry. This error often arises not from a CGAS account (which you may not have) but from an incomplete entry in the final tab of your return. Simply re-entering the exemption amount claimed under Section 54F in this section typically resolves the issue for most filers.
08 September 2025
i have a ltcg from sale of property and claimed 54f by investing in house property.while filing the itr return,it shows aupload level validation where it states "CGAS ACCOUNT IS NOT ENTERED OR NOT MATCHING WITH THE BANK DETAILS IN PART A GENERAL SCHEDULE''.I HAVE NO CGAS ACCOUNT.HOW TO RESOLVE THIS?
08 September 2025
The long term capital gains from sale assets other than land & building is exempt u/s. 54F. The error faced by you is not for CGAS details but most probably the last tab, where you have to again fill the value of the exemption claimed u/s. 54F ( fill the figure again). Mostly it solves the error faced by many assesses.