Sir/Madam,
I sold an inherited property on 22.02.2022.
I want to purchase a new property within 2 years and now I want to keep the Long Term Capital Amount in Capital Gain Account Scheme.
I would like to know by when I am supposed to put the money in Capital gain account scheme to avoid the tax penalty as right now the money is lying in my normal saving account. Thanks
Regards,
R.k ghosh
Menu
Time Limit for Long Term Capital Gain Sccount
Replies (6)
Quick Summary
Mr Ghosh are u planning to construct a residential property?
Sir i like to purchase a residential flat.
Deposit it before tge date of return filing or actual date of return filing whichever is earlier.
You can deposit before 31-7-22
You have to deposit the CG amount in the bank account before the due date of filing of Income Tax returns.
| Originally posted by : Uday Teja | ||
 |
You can deposit before 31-7-22 |  |
correct
Recent Topics :
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
Related Topics :
CAclubindia
