capital gain specified a/c

hi ravi,

As far as i know cap gain specified a/c is opened with banks.  if u want  to open an account u should contact your banker . they will provide you with other details

Hi, Ravi

To get exemption from CG , u have u deposit  the  CG's amount  in a schedule bank under capital  gains scheme  A/c with in 6 mnts from the transfer of the property , and the interest income is taxable under the head income from other sources , interest rate also ranges from 6 -8 % , if u not utilised the amount deposited in specific scheme with in the duration time i, e 3 yr it will be taxable as LTCG taxable @ 20% ,  

Regards

Harish

dear ravi sir

capital gain scheme is maintained by all schedule banks like pnb,sbi ,bank of india etc.

regards

tarun rustagi

Dear Ravi,

U can maintain such deposit with Nationalised bank.