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withdrawal from capital gain account

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This query is : Resolved

hiral (Querist)

15 May 2010 hi, one of our client has filed Return for the first time, thru e-filing for A.Y. 2009-2010. She had Capital for which she had deposited gain amount in Capital Gain Account. but now she wanted to withdraw that amount & ready to pay tax.
the problem is to withdraw amount, from should be filled by taking approval of respective Assessee Officer & submit the same in bank, however since this is e-filing retun I.Tax Officers refused to approve the form by saying that E-filing returns gets processed directly from Banglore & they dont have any information make inqury to Banglore only. so how to deal with this situation?
pls help

Guest

Guest (Expert)

16 January 2011 I don't think that there is any interference of IT Deptt. If you are in trouble and to pay the tax, please be sure that you have filed your return well in time. You withdraw the amount and revise the return so filed for A.Y. 2009-10 before 31.03.2011

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