capital gains
Raj Singh (18 Points)
18 October 2017
time limit for deposit of amt. of capital gains in capital gains accounts scheme sec54.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 18 October 2017
Capital account scheme (CGAS).......in itself is not suitable to avail exemption u/s. 54.......... but helps to avail the benefit over the period of 2/3 years as specified in the section.
One should deposit the amount in CGAS before filling IT return of PY
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