Poonawalla fincorps
Poonawalla fincorps

Capital gain 54f

This query is : Resolved 

18 August 2018 I sold a land in 2016 and placed the capital gain amount in capital gain account opening in vijaya bank. Later in 2018, i withdrawn entire capital gain amount to pay for buying an apartment.Now the capital gain account is closed.
Should i have to take any clearance from Income tax officer on this ? Should it be done before i do returns filing for this year

18 August 2018 No need to take clearance from IT department if the Capital Gains Account in bank
is closed by bankers.



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