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exemption u/s 54
is there any account is to be open for claiming exemption under sec 54
Replies (1)
yes if you are unable to utilize the entire capital gains on or before the due date of filing your return then you need to open can Capital Gains Deposit Account in a bank and deposit unutilized capital gains in this account for that year. then a and when money is to be paid you can withdraw from this account.
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