Capital Gain Bank Account
Apurv Agrawal (101 Points)
13 April 2022
I want to know what is the Rule for withdrawal of money from Capital Gain bank account..
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 13 April 2022
You have to file an application in from G with bank with prior approval from Income tax assessing officer , who has jurisdiction over the depositor .
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 13 April 2022
Please do not consider my above reply .
Instead please clarify you deposited , Term Deposit capital Gain account or Fixed Deposit capital Gain account ?
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