Amount under CGAS

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Whether I have to deposit entire sale proceeds of LTCA or only capital gain portion under CGAS, to avail full benefit, for the time being.

Replies (3)

Only the Capital Gain amount needs to be deposited. 

Only Capital Gain amount needs to be deposited.
it depends upon the section under which you are claiming deduction. for 54f you have to invest entire net sale consideration in the new asset to claim deduction of cg


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