Withdrwal of capita gain from cg scheme

This query is : Open

BHUWAN (Querist)
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22 November 2011 Sir
I had deposited the long term capital gain from sale of residential flat into SBI Capital Gain Scheme Account.

Now i want to withdraw the money from that account.
Kindly tell me the procedure for withdrawl.

Thanks
Regards
Tribhuwan

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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23 November 2011 Money can be withdrawn from the capital gain scheme only for the purpose of construction of house property.

Withdrawl for any other reason is not allowed.

BHUWAN

BHUWAN (Querist)
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23 November 2011 i wanna know the procedure to withdraw the money from SBI