I sold my house property and long term capital gain on that house is Rs. 3,37,481/-
I have to open an account in capital gain account scheme
my query is, can i deposit an amount slightly higher than capital gain amount say Rs. 3,40,000.
Menu
capital gain account scheme
Replies (6)
Yes, without any objection.
| Originally posted by : Dhirajlal Rambhia | ||
 |
Yes, without any objection. |  |
But the relief will be applicable only on Rs 3,37,481 and not Rs 3,40,000?
Relief will be applicable only over long term capital gain finally calculated.......
No question of relief over and above any gain..
will there be any problem while closing the account
If the full amount lying in the CGAS 1988 account, utilized in purchase/construction of HP within 2/3 years of time.... no problem.
ok...thank you for help.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
