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Is sec 269ST Invoke if Deposited Cash of 3 lakh in Capital gain account scheme.

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(Querist)
29 July 2023 Hi Expert
Would you please advise whether 269ST will be applicable to Capital Gain account Scheme (CAGS). If cash deposited of 3 Lakh in CAGS account.

Regards
Deepak
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
29 July 2023 Banks are exempted from the section 269ST IT act.

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