Capital gain account scheme
This query is : Resolved
12 February 2018
If I have used all the amount in the CGAS for the eligible purposes and thereby closed the account do I need to inform the Assessing Officer of the fact either by way of a form or a letter or through disclosure in the ITR of the relevant Assessment Year ??
12 February 2018
For closing the account Form G as approved by the ITO has to be given to the bank.
Nothing more to do.
Nothing more to do.
Message likes :
1 times
16 February 2018
Thank you so much for the information ...
But just let me know that if I have closwd my account and my banker did not ask for any such form and also closed it, do I need to do anything else ?
But just let me know that if I have closwd my account and my banker did not ask for any such form and also closed it, do I need to do anything else ?
21 October 2021
No. nothing required to be done...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
