Sport Classic (32 Points)
16 September 2023I have got long term gain from house property 50 lakh but deposited 70 lakh in capital gain account before audit so I have excess deposited the amount of 20 lakh so whether I can withdraw this excess 20 lakh amt from capital gain account account, for eg long term capital in f.y 22.23 deposited in July 2023 account is in audit will be filling in sep 2023 plzz suggest how to withdraw.
sabyasachi mukherjee
(27274 Points)
Replied 17 September 2023
Sport Classic
(32 Points)
Replied 17 September 2023
Sir every thing is done defination etc just a query is if excess amt deposited in capital gain scheme account so how can we withdraw that excess amount is there any procedure or permission to be taken for withdrawal or to be withdraw like normal day to day banking as the last filling date for above assessee is 30.09.2023 ltg is 50 lakh but deposited 70 lakh they want to withdraw the excess 20 lakh deposited
sabyasachi mukherjee
(27274 Points)
Replied 17 September 2023
Ashwin Kumar
(CA ipcc)
(449 Points)
Replied 20 September 2023
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
