How to report Capital Gain account closure and balance money use in Income Tax Return

Ranjan (Mr) (48 Points)

18 May 2025  

I closed my Capital Gains Savings account in October 2024, as the time period of 2 years were finished and I could not use the funds in any tax saving activity like purchasing a property or buying tax saving bonds. So I put the funds in normal FD after depositing 20% as advance tax.

How do I report this Capital Gains Account  closure and funds in it use in the AY25-26 ITR?

Any advice would  be much appreciated.

Thanks and regards