Taxability of money withdrawn from CGAS scheme if remains unutilised
ANKIT KUMAR (14 Points)
04 April 2023ANKIT KUMAR (14 Points)
04 April 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172468 Points)
Replied 04 April 2023
Liabilty to pay Capital Gains tax had arise in AY 2018-19, but as you had not paid in the year, you can offer to pay in the year of withdrawal.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)