what is tax treatment of unused balance in Capital Gain deposit account at end of specified period.
will it be treated STCG or LTCG?
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 28 February 2019
Priti Pandian
(student)
(153 Points)
Replied 01 March 2019
Yes, its is LTCG tax liability in the year of withdrawal.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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