I sold a residential property on 13th December 2019 and deposited the capital gain in CGAS. Whether the entire capital gain will be taxable if i make booking of an appartment by depositing very nominal amount. Or i need to utilise entire capital gain proceeds before 12th December 2021 to get exemption from capital gains tax?
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Taxability on amount withdrawn from capital gain account scheme
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Need to utilise entire capital gain proceeds before 12th December 2021 to get exemption from capital gains tax.
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