what is tax treatment of unused balance in Capital Gain deposit account at end of specified period.
will it be treated STCG or LTCG?
3 Replies
Giridhar S Karandikar
(Team Lead)
(7553 Points)
Replied 28 February 2019
of course LTCG because you are investing LTCG in this account
Priti Pandian
(student)
(153 Points)
Replied 01 March 2019
Yes, its is LTCG tax liability in the year of withdrawal.
Recent Topics
- RCM on Groundnut purchased from farmers
- Cash transfer treatment between spouse under new r
- APPLICABILITY OF GST ON PULSES PREPACKED AND LABEL
- HSN Code for Keychain (Plastic+metal)
- Society and development, Highlighted by a term fin
- REGISTER ACCOUNT IN INCOME TAX PORTAL - NRI &
- LTCG ON PROPERTY SOLD IN PARTS
- Which GST to charge(Whether exempt or chargeable)
- Impact on project cost
- Register as representative for deceased
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
