Sold residential house on 23/11/2020.(FY 2020-21)
New residential house is yet to be purchased , it will be purchased with in 1 year time to claim exemption u/s 54.
What will the last date to deposit the amount in capital gain account??
Menu
Capital gain deposit account
Replies (3)
Quick Summary
With in 6 month from date of transfer need to deposit in capital gain account.
As I understand, you are required to deposit unutilized capital gains in the capital gains account before furnishing return of income.
Thank you for the guidance.
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
