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54F withdrawal for other than specified purpose

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We have claimed exemption under 54F during A.Y. 2017-18. The amount deposited in CGAS is withdrawn after 2years but not for the specified purpose . what will be the tax effect
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As per the proviso placed below the said Section,

The difference between the Amount of Capital gain that arises by the transfer and the amount that would have been exempted had if it would be utilized for the said purpose, would  be taxable in the previous year in which the period of three years expires from the date of transfer of original asset 

 

The whole of the LTCG deduction under 54F you obtained earlier will stand withdrawn and it will be taxed as LTCG in the year in which CGAS money withdrawn .


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