U/s 54 Capital Gain Account

This discussion addresses the disclosure requirements for funds deposited into a Capital Gains Account (CGAS) and subsequently used to purchase a new residential property. The user successfully deposited capital gains before the ITR filing deadline for AY 2019-20 and purchased a new property in Feb 2020, fully utilising the CGAS funds. The core question is how to report this utilisation and closure of the CGAS in the Income Tax Return (ITR) for AY 2020-21.