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No capital gain exemption on amount not deposited in Capital Gain...

CGDAS Humayun Suleman Merchant v. Chief CIT Decision:    Against the assessee Capital gains--Deduction under section 54F -- Failure to deposit unutilized consideration in specified accounts before due date Facts: Assessee sold...

How to close the Capital Gain Deposit Account under CGDAS?

There is a set procedure for closing the account opened under Capital Gain Deposit account scheme-1988. Rule 13 deals with the closure of account....

CAPITAL GAINS ACCOUNTS SCHEME-1988 FOR SAVING LONG TERM CAPITAL GAIN TAX

CAPITAL GAINS ACCOUNTS SCHEME-1988, CAPITAL GAINS ACCOUNTS SCHEME, 1988  In exercise of the powers conferred by sub-section (2) of section 54, sub-section (2) of section 54B,...