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Capital Gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2010 Dear Sir,


My Flat is Sale Rs.2100000/- and amount invested to State Bank of India Capital Gain Account. Can I withdrwan amount & invest to REC BOnds.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
30 December 2010 Once you deposit in SBI capital gain account , it can only be utilized for investment in property.

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