according to what i have inferrred from provision is, either u need to claim exemption under 54F or 54EC u need to either invest your capital gain amount immediately in residential house or specified bonds respectively fullfilling all the conditions of the respective sections.. but if u cant invest them immediately then u have to deposit them in Capital Gain Deposit a/c and not in other account.. since in this case amt is not deposited in Cap Gain Depo a/c i think exemption under the respective sections cannot be claimed ...
not so... the amount is to be deposited in CGDS within due date of filing return i.e, 31st july.. just clarify it with some tax personalties ..
CAclubindia
