what is tax treatment of unused balance in Capital Gain deposit account at end of specified period.
will it be treated STCG or LTCG?
3 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 28 February 2019
of course LTCG because you are investing LTCG in this account
Priti Pandian
(student)
(153 Points)
Replied 01 March 2019
Yes, its is LTCG tax liability in the year of withdrawal.
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