Capital gain
Goutam Sen (62 Points)
20 January 2021
Capital gains arise at the end of the year but deposited in the next financial year
6 Replies
prasad Nilugal
(3924 Points)
Replied 20 January 2021
Time limit to deposit capital Gains in capital Gain Account is Date of Original Income Tax return filing date .
Goutam Sen
(62 Points)
Replied 20 January 2021
If not deposited in the same withen the same financial year, is it to be kept in a separate bank account
ayusmita
(Tax consultant)
(5885 Points)
Replied 21 January 2021
Capital gains bond done with in 6month of selling the property
Kapadia Pravin
(17264 Points)
Replied 21 January 2021
Within six months from the date of capital gain, amount under 54EC is to be invested. or else in a specified bank accounts for use in future.
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