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Capital gains account closure

Others 365 views 1 replies

Hi 

I had opened a capital gains account in July 2017 for the capital gains for a property sold in October 2016.

Now in July 2018 I have purchased another property whose sale value is substantially more than the capital gains.

I paid the entire consideration without withdrawing the money from the capital gains account.

The banks has asked me to get a NOC from my assessing officer to close the account in Form G.

What documents are required for this?

Regards

Ravinder

 

 

 

 

 

 

Replies (1)

Proof of investment in new house property from own funds......

Property documents...... & of course application with financial statement.


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