Last date for depositing into CGAS

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Engineer
123 Points Posted on 26 June 2023

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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On 26 June 2023 at 00:53 Report
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Quick Summary
This discussion clarifies the deadline for depositing funds into a Capital Gains Account Scheme (CGAS) under section 54E. The user sold a property in April 2023 and opened a CGAS account shortly after. The key question is how many months they have to deposit the sale amount. The consensus is that the deposit must be made on or before filing the Income Tax Return under section 139(1).

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Profession
28271 Points Posted on 26 June 2023
It's not like that .
deposit the entire capital gain in cgas scheme.
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On 26 June 2023 at 09:02
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Engineer
123 Points Posted on 26 June 2023

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.

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On 26 June 2023 at 09:38
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12244 Points Posted on 26 June 2023
Deposit need to be made in CGAS on or before filing Return Of income under section 139(1)
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On 26 June 2023 at 10:49

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