Withdrawal from capital gain accounting scheme


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Querist : Anonymous (Querist)
07 September 2015 Is a disclosure required in Income Tax Return of FY 2014-15 if during the said year in which amt has been withdrawn from CGAS which was deposited last financial year. Amount has been completely utilized for purchase of new asset.

07 September 2015 No such need to disclose in return of income.


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