Capital gains
This query is : Resolved
12 January 2014
If i received advance amount of long term capital gains and balance amount after 3 months.
What should i do with this advance amount, whether to put into capital gains scheme a/c or else saving a/c.?
What should i do with this advance amount, whether to put into capital gains scheme a/c or else saving a/c.?
12 January 2014
well if the asset has not been transferred, then you can park it anywhere..it is not chargeable to capital gains tax till the asset is transferred.....
12 January 2014
yes..capital gain attracts only in the year when there is a transfer of capital asset...so you can invest where u want till u actually transfer it.
15 January 2014
so if i take into saving a/c, whether TDS applicable , or in case of fixed deposits too.?
25 January 2014
no tds applicable when deposited in savings a/c.
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