Menu
Capital gain account money
Does approval from income tax authority is required for closure of capital gain account maintained with bank if entire money is utilized in purchase of another property?
Replies (1)
Closure of capital gains account requires approval from jurisdictional income tax officer. Form G is required to be submitted for the closure of account along with jurisdictional income tax officer’s approval.
Form H shall be submitted for closure of account by nominee/legal heir of deceased depositor in the absence of nominee.
Form H shall be submitted for closure of account by nominee/legal heir of deceased depositor in the absence of nominee.
Recent Topics :
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
Related Topics :
CAclubindia
