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Accounting head
Respected All
My query is
Amount deposited in Capital Gain scheme(54F) will be shown under which head Current Asset or Investment in balance sheet ??
Replies (2)
Hiiii,
The amount deposited under capital gain scheme is shown under the head current assets as its intention is not to invest rather it is for purchasing a new house or construction of the house.
Thank you sir for your valuable reply .
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