I sold a property in April 2023. I have opened a CGAS (Capital Gains Account Scheme) under 54E in April 2023 (after the date of sale).
How many months do I have to deposit the sale amount into CGAS?
I will be filing a tax return in June 2024 (for the AY 2023-2024).
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Last date for depositing into CGAS
Replies (3)
It's not like that .
deposit the entire capital gain in cgas scheme.
deposit the entire capital gain in cgas scheme.
Thanks for the response.
Yes, I am planning to deposit entire capital gains into the CGAS account.
Is there a last date for doing this? I read somewhere that the amount should be deposited before
July end of the assessment year.
Deposit need to be made in CGAS on or before filing Return Of income under section 139(1)
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