What is Capital Gain Account Scheme ? | जानिए कैपिटल गेन अकाउंट स्कीम क्या है ?

What is Capital Gain Account Scheme ? | जानिए कैपिटल गेन अकाउंट स्कीम क्या है ? | CA Anoop Bhatia

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3 жыл бұрын

Tax Planning Course: taxplanningforsalariedemploye...
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. नमस्कार दोस्तों, इस वीडियो के माध्यम से आप तक कैपिटल गेन अकाउंट स्कीम 1988 से जुड़े महत्वपूर्ण प्रश्नों का हल प्रस्तुत है जैसे कि कैपिटल गेन अकाउंट स्कीम क्या है ? इसका लाभ कैसे उठाया जा सकता है ? इस स्कीम में रुपये जमा करने कि अंतिम तिथि क्या होती है ? इस स्कीम में कितने प्रकार के खाते खोले जाते हैं ? जमा राशि का प्रयोग कैसे किया जा सकता है इत्यादि। आशा करता हूँ आप इस वीडियो को उपयोगी पाएंगे आपके बहुमूल्य कमैंट्स एवं सुझाव सादर आमंत्रित हैं।
Dear Friends, this video is an attempt to provide you an insight over the important questions pertaining to Capital Gain Account Scheme 1988. Like this what is this scheme, why this scheme is there, how to avail it’s benefits, what is the last date of depositing amount in this scheme, how many kinds of accounts can be opened under the scheme, how the deposited amount can be used or withdrawn etc. I hope you will find it worth watching. Your precious comments and suggestions are most welcome.
#CapitalGainAccountScheme1988
#CGAS1988
#CGAS
#WhatIsCapitalGainAccountScheme
#FAQsOnCGAS1988
#FormsUnderCGAS
#WhatIsCGAS1988
#CapitalGainAccountSchemeExplained
#WithdrawalFromCapitalGainAccountScheme
Timeline:
00:29 Coverage:
01:19 Why Capital Gain Account Scheme (CGAS) ?
01:55 What is Capital Gain Account Scheme 1988 ?
03:32 Learn by Example
05:13 What is the date of depositing amount in CGAS ?
06:02 What are the types of accounts under the scheme ?
06:58 What should be the treatment of interest earned on CGAS ?
07:41 What is the procedure of withdrawal from CGAS ?
09:17 What if amount could not be used within specified period ?
10:18 Other features
10:51 Conclusion
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Пікірлер: 457

@PuneetKumar-fv2ec 3 жыл бұрын

Anoop Saheb, your sincerity, humbleness and knowledge of the subject is matchless. You are a role model for others to emulate.

@CAAnoopBhatia 3 жыл бұрын

Thanks for kind appreciation Puneet bhai.

@bhupendraparikh1948 2 жыл бұрын

78.z

@manmohansharma2724 9 күн бұрын

दी गई जानकारी सटीक सारगर्भित एवं विस्तृत है बहुत ही धन्यवाद 🙏

@CAAnoopBhatia 8 күн бұрын

welcome.

@Pedamkar 2 жыл бұрын

Session was clear, simple, understandable to common man. I loved watching it. Thank you Sirji.

@CAAnoopBhatia 2 жыл бұрын

Glad to hear that. Thanks for kind appreciation.

@deadlysins4265 2 жыл бұрын

Thanks sir for making this video. Quite helpful for common people to understand tax implications in a layman language.

@CAAnoopBhatia 2 жыл бұрын

Glad you liked it

@kishanlal3333 2 жыл бұрын

Thank you very much for tax related valuable information.

@r.malhotra767 3 жыл бұрын

Hi n nice to see and hear your valuable text from income tax act and laws... Many thanks to you sir.. Myself a big fan of yours 😊

@CAAnoopBhatia 3 жыл бұрын

So nice of you, thanks.

@allwyncrasta6250 2 жыл бұрын

you using your knowledge to needy people..that is a graet blessing and god rewards.

@CAAnoopBhatia 2 жыл бұрын

Thanks for kind appreciation.

@pradeepverma6243 2 жыл бұрын

Very useful for us thank you...

@narendersinghbhati5826 Жыл бұрын

बहुत ही अच्छी जानकारी दी है आपने श्री अनूप भाटिया जी सीए साहब मैं अजमेर से हूं और यहां लोकल सीए सिर्फ आइटीआर भर देते हैं और उन्हें कोई ज्यादा जानकारी नहीं है पूछने पर बताते हैं कि एक-दो दिन में देख कर जवाब दूंगा बाद में जाने पर बैंक से बात करने के लिए कहते हैं

@impacttheplaceforperfectio5064 3 жыл бұрын

Thanks Sir for Guidance & Your precious time ..

@CAAnoopBhatia 3 жыл бұрын

Always welcome Sir.

@myeasinali9226 Жыл бұрын

Informative topics and explanation is very clear. Thank you.

@CAAnoopBhatia Жыл бұрын

Welcome

@allwyncrasta6250 2 жыл бұрын

your video so clear and understanding way..apprieciated,,..God bless mighty way

@CAAnoopBhatia 2 жыл бұрын

Thanks for kind appreciation.

@allwyncrasta6250 2 жыл бұрын

@@CAAnoopBhatia welcome sir🙏

@MohitVerma-ph8ki 2 жыл бұрын

Bahut achha samjhaya sir apne. Thank you sir.

@CAAnoopBhatia 2 жыл бұрын

Welcome.

@satishkumar-ve7rv Жыл бұрын

Bahut acha laga bilkul clear

@CAAnoopBhatia Жыл бұрын

Thanks Satish ji.

@shivrajkulkarni4628 Жыл бұрын

सर , आप एक सी ए हो और सिनियर हो , ऐसे ही कोई इन्फर्मेशन कीसी को देता नही अपने बहुतही अच्छे और सिम्पल तरीकेसे सारी बाते बता दी ! सर आपको धन्यवाद ! 👌👌👌

@CAAnoopBhatia Жыл бұрын

Dhanyavaad Sir.

@deepak0405 3 жыл бұрын

Thank you Sir....very useful 🙏

@CAAnoopBhatia 3 жыл бұрын

Always welcome

@omsairam99 Жыл бұрын

Sir namaskar, CGAS me savings account open karke me paise nikal sakta hun na ...Bina bank ko bataye ??????

@madanshukla5980 Жыл бұрын

आपने बहुत अच्छी जानकारी दी है धन्यवाद 👍

@CAAnoopBhatia Жыл бұрын

Welcome.

@desifamilyvlogs3228 3 жыл бұрын

Anoop bhaiya, full of knowledge videos, shared with so many of my knows, ashish sharma here, ashish ji and anu ji's friend and known, keep doing good work, god bless right now hamara channel thoda chota ha, bada hote hi we will recommend your channel for sure

@CAAnoopBhatia 3 жыл бұрын

Thanks Ashish ji for your best wishes. I even congratulate you for your channel.

@sudhamuralidharan6574 3 жыл бұрын

Very well explained Wish you had explained 2 years back

@CAAnoopBhatia 3 жыл бұрын

Thanks.

@yt_bharat 2 жыл бұрын

Amazing educator, thank you sir

@CAAnoopBhatia 2 жыл бұрын

Thanks and welcome

@shitalkanitkar5995 2 жыл бұрын

Thank you for the clear explanation. Can the capital gain fd be withdrawn anytime in the three years to invest in infrastructure bonds?

@Akashkumar-pm2oy Жыл бұрын

Thank you sir

@CAAnoopBhatia Жыл бұрын

Welcome

@SureshKumar-ui7ts 2 жыл бұрын

Thanks

@CAAnoopBhatia 2 жыл бұрын

Welcome

@shashikantvakte8988 3 жыл бұрын

Thank you sir for knowledgeable information

@CAAnoopBhatia 3 жыл бұрын

Most welcome Shashikant bhai.

@drkumar146 2 жыл бұрын

very excellently explained sir

@gayatrisharma9194 3 жыл бұрын

Very useful video.. Nicely explained

@CAAnoopBhatia 3 жыл бұрын

Thanks a lot :)

@seriousperson007 6 күн бұрын

(Mai ap ka subscriber hun 2022 se )Sir ancestral property ( plot) ko bech ke jo capital gain hua hai uske liye v yahi same niyam hai ?

@deepakt9257 Жыл бұрын

Sir mere mother ke naam 2 residential property hai aur ek commercial property hai ..humne do mein se ek residential property sale kar di....to kya hum applicable hain capital gain account mein apna paisa rakhne ke liye ...ya capital gain account sirf vo kho sakta hai jiski sirf ek single residential property thi aur vo hi usne sale kar di ab uske paas koi aur property nai hai residential+ commercial ya multiple properties hai jinke paas vo bhi eligible hai capital gain a count ke liye

@subhashchanderbhatia2049 Жыл бұрын

Sir can the amount received as advance at time of agreement to sell be kept in saving bank account till the signing of the sale deed and also can the part of the advance be utilised

@srinivasbhata6512 3 жыл бұрын

very good information, Thank You sir

@CAAnoopBhatia 3 жыл бұрын

Most welcome :)

@iqbalahmed3299 2 жыл бұрын

Sir its Very informative and helpful.

@CAAnoopBhatia 2 жыл бұрын

Glad to hear that

@shaikhsalim9594 2 жыл бұрын

very infomative sir*

@CAAnoopBhatia 2 жыл бұрын

Glad you think so!

@soumyabumb7924 2 жыл бұрын

Sir can sale consideration arise from sale of multiple house property be deposited into single capital gain scheme account ?

@debopriyoroychoudhury2382 2 жыл бұрын

Can the withdrawal from capital gains account scheme be reinvested into REC or NHAI bonds in the event that the assessee is not able to find a suitable investment in real estate ?

@kalpeshsjoshi Жыл бұрын

I had CG, and purchased a residential flat u/s 54f . So I deposited the pending instalment amount in CGAS acc but my CA failed to report it while filing in ITR. he said it's not mandatory to show as he included that amount in the total amount of deduction claimed. is he correct? he clubbed that amount (CGAS amount ) in section of total exempted amount on ITR form and showed amount deposited under CGAS as 0. Pls help me regarding this.

@aroraaroras2096 2 жыл бұрын

Very use full information Thanks sir

@CAAnoopBhatia 2 жыл бұрын

My pleasure.

@rajendrasadashivshinde8990 Жыл бұрын

Sir All my doubt are with lecture Thanks

@CAAnoopBhatia Жыл бұрын

Keep watching

@v.ksharma4911 Жыл бұрын

Thank you Anoop ji for your reply. I went to bank and filled form c and received DD in seller name. 🙏

@CAAnoopBhatia Жыл бұрын

Great.

@ra4211 2 жыл бұрын

Hello sir......mene apni house property sale ki or sale ki date se 18 mahine me plot kharida hai....par mene apna amount saving account me hi rakha tha....to is case me kya hoga?

@arupmukherjee2097 Жыл бұрын

Nicely explained sir,Jai Hind

@CAAnoopBhatia Жыл бұрын

Jai Hind Sir.

@sunilkumarchaturvedi6058 2 жыл бұрын

आपकी दी गई जानकारी महत्वपूर्ण व सरल भाषा में है, एतदर्थ धन्यवाद 🙏🤗कृपया यह भी बताएँ कि कैपीटल गेन की रकम का निर्धारण करने का तरीका क्या है और क्या इसके SB A/c पर सभी बैंक एक ही रेट पर व्याज देते हैं ??

@CAAnoopBhatia 2 жыл бұрын

धन्यवाद सर, कैपिटल गेन कम्प्यूटेशन हेतु आप अपनी संपत्ति के विक्रय मूल्य में से संपत्ति की लागत एवं संपत्ति हस्तांतरण पर यदि कोई खर्च हों तो उन्हें घटा कर कैपिटल गेन गणना कर सकते है। हालाँकि मेरी राय में आप अपने CA से सलाह अवश्य करें। SB अकाउंट की ब्याज दर लगभग सभी बैंकों में सामान ही होती है।

@rajivsuri8663 2 жыл бұрын

Excellent Coverage

@CAAnoopBhatia 2 жыл бұрын

Thanks :)

@shyamsundardas9297 2 жыл бұрын

hii sir actually me bahut tension me hu. kyoki ek builder ne mere chacha ko 2014 me phasake joint venture ka agreement kiya tha aur uske sath unse radd n hone wali power of attorney bhi karke li thi. abhi is feb-2021 me us bulider ne jv cancel liya aur sale deed feb-2021 me kiya. aur payment dene ki date builder ne 2024 ki daal di. ab capital gain ki notice ayi to kya kar sakte hai ham. capital gain account scheme me hum paise nahi bhare kyoki usne hame 2024 ki payment date di hai. isase kaise bache pls sir he upay batao na

@bhavikabhavika7927 2 жыл бұрын

Beautiful video

@CAAnoopBhatia 2 жыл бұрын

Thank you

@RahulKumar-dj9je 3 жыл бұрын

Thanks Sir ❤️❤️🙏🏻

@CAAnoopBhatia 3 жыл бұрын

Most welcome

@archanasharma1471 Жыл бұрын

Excellent

@CAAnoopBhatia Жыл бұрын

Thank you so much 😀

@sdgupta4194 2 жыл бұрын

Good

@vijayparikh6959 2 жыл бұрын

Superb teaching

@CAAnoopBhatia 2 жыл бұрын

Thanks and welcome

@SHANI1818 3 ай бұрын

Sir For how much time the amount received from buyer can be kept in normal savings account? I mean time period before opting for CGAS.

@archanasharma1471 6 ай бұрын

Excellent video

@CAAnoopBhatia 6 ай бұрын

Thanks for the visit

@padmarao7117 2 жыл бұрын

Good analysis

@CAAnoopBhatia 2 жыл бұрын

thanks.

@subhashchanderbhatia2049 Жыл бұрын

Can the amount received as advane at the time

@RahulJain-qd8kf Жыл бұрын

Thank you so much sir ❤️❤️❤️🙏🏻

@CAAnoopBhatia Жыл бұрын

Most welcome

@devinderasingh9538 2 жыл бұрын

property sale krk, paise use krk 1 year m property m invest kr skte h,ya iss paise ko kahi r use ni kr skte h?pls reply

@user-nd1sx7ns3q Жыл бұрын

Kya sarkar se bhumi adhigrahan se mila hua muawze ka paisa pr capital gain tax lagega.

@rajumr6776 2 жыл бұрын

Sir, nice video. Sir, i already declared LTCG and amount was deposited in LTCG Bank account before 2020 March. This was declared in my last year returns. I have not used this money during 2020 Apr to 2021 Mar and money was in LTCG bank only and used this money in Aug 2021. What needsto be done in IT returns for 2020-21 Financial year. How to declare this money in 2020 -2021 Financial year returns. Pls let me know

@divyaalok5538 Жыл бұрын

Awesome Inc

@CAAnoopBhatia Жыл бұрын

Thanks.

@bhai1minutedekhidhar590 2 жыл бұрын

Sir, is there any way in which we can use the proceeds from sale of residential property into commercial property, while still enjoying the exemption? I am planning to sell my residential property and develop a commercial property. Please guide.,,🙏

@baljeetkumar769 2 жыл бұрын

Sir bank giving form g for withdrawal of money , even assessee buying home

@SumitRajput-zl1db 2 жыл бұрын

Sir, can we claim Brokerage, GST charges, Exchange Transaction charges, SEBI Turnover Fees, Stamp Duty, DP charges as expenses in connection with sales while calculating capital gain of listed shares ?

@janakiramanst3128 2 жыл бұрын

Sir, one doubt please. I am selling my only property which consists ground floor (two shops letout) and first floor is self occupied by me. Whether this is residential property or commercial property or 50% residential and 50% commercial ?. How should I claim?.

@asifpasha4950 Жыл бұрын

If I have three house properties. I have sold one residential property and purchased another residential property during the year then can I claim an exemption u/s 54 of the income tax Act

@vikramdoshi6890 Жыл бұрын

U r in Mumbai Sirji?

@ulludacharkha 2 жыл бұрын

Namaskar Sir, When property is purchased using that Capital Gain Account withdrawl, where exactly in the ITR 2, that need to be reported. E.g., property sold in FY 2019/20, LTCG 5.50 lakh, amount deposited in Capital Gain A/c Scheme is Rs. 6 Lakh. New House purchased in FY 2021/22 for Rs. 10 Lakh. Where should we need to report the same in ITR 2 ?

@MohitKumar-yb8dg 2 жыл бұрын

Hi sir Plz help me Sir Maine ek urben agriculture land sale ki h or full amnt ko Capital gain ac m deposit kara diya . But urben agriculture land sale kare hue 2 years ho gye h or Maine abi to us amnt ko use nhi Kiya h ab m kya kru koi kya mughe tax dena padega ya kuch time or mil sakta h land purchase k liye . Plz help me sir 🙏

@9953457376 2 жыл бұрын

hi , sir ji , mere uncle n shares sale kiye h 70 lac k or long term capital gain hua h 40 lac ka to mera question h ki hame kitna amount capital deposit scheme m jama karna h 70 lac or 40 lac

@niranjanvaidya9696 Жыл бұрын

Sir very nice information 🙏🙏🙏

@CAAnoopBhatia Жыл бұрын

Thanks and welcome

@nikhilbansal1721 2 жыл бұрын

Thanks for such an awesome video. Can you please answer my question. I sold land at 65L and capital gain is around 50L after indexation. You suggested that only capital gain needs to be parked in Capital Gain Account. So the remaining amount 15L (65-50) can be added in saving account without hassles of Income tax ? Or will that 15L be taxable as per slab ?

@VedPrakash-xu9me 3 жыл бұрын

Sir very good knowledgeable video

@CAAnoopBhatia 3 жыл бұрын

Thanks and welcome

@MrVinilkrishna 2 жыл бұрын

Sir is there a need for direct transfer/ direct cash deposit of sale consideration into CG a/c (or) can be subsequent transfer into the account? Thanks 🙏

@CAAnoopBhatia 2 жыл бұрын

can be subsequently transferred

@RameshKumar-hn2vz 3 жыл бұрын

Very useful sir

@CAAnoopBhatia 3 жыл бұрын

Thanks and welcome

@sulabhachitre312 2 жыл бұрын

Sir unutilized Capital Gains a/c close karne ke time Surcharge pay.karana Padta hai kya ? Plz explain.Thank U.

@ManuMusicalMelodies 3 жыл бұрын

Is it mandatory to invest ltcg gain in capital gains account or we can keep in normal bank for 2 to 3 years period depending upon the investment

@CAAnoopBhatia 3 жыл бұрын

CGAS is a must.

@pawanbhageria 2 жыл бұрын

Excellent explaination Anoop. One question can I use this for long term gain received from equity both listed and unlisted. Any info will be very helpful..

@CAAnoopBhatia 2 жыл бұрын

In my opinion captial gain account scheme benefit may be availed for all types of capital gains if you are availing 54F benefit.

@RajeevKumar-vg5hg 2 жыл бұрын

Sir for construction purpose can I withdraw from CGA in saving account to pay for puchase of building material

@CAAnoopBhatia 2 жыл бұрын

Yes why not you may withdraw.

@zsheikha6038 3 жыл бұрын

excellent sir Ji

@CAAnoopBhatia 3 жыл бұрын

Thanks :)

@dhavaljmengineer7764 2 жыл бұрын

anoop sir, clear and confident voice. if i pay my full capital gain amount before IT return date (and also before new house is ready) but registration is pending. and not open capital gain account, is it ik?? pl. reply. thanks.

@CAAnoopBhatia 2 жыл бұрын

Yes it may work in your favor. Pls also consult with a nearby CA for precise advise based on the facts.

@DineshKumar-br4ly 2 жыл бұрын

Sir agar total saling amount 20,50,000 hai. Or long term capital gain only 1,20,000 hai Jo ki capital gain account Mai hai. Sir my question is that , k mujhe aage property lene Mai kitna invest karna padega. Full amount ya sirf 1,20,000 Jo ki profit gain only.

@binodray4522 2 жыл бұрын

Nice sir

@CAAnoopBhatia 2 жыл бұрын

Thanks and welcome

@naushadali6145 2 жыл бұрын

Sir what would be the mode of withdrawal from Capital Gain Savings account?Since I have only received a passbook for this account! How can I make a payment to the property seller from this account?

@hinalmaniyar Жыл бұрын

Can we transfer CGAS amount to another saving account?

@subbarao9907 2 жыл бұрын

Thanks for explaining .can the capital gains amount be deposited in two or more nationalised banks.

@CAAnoopBhatia 2 жыл бұрын

Ideally one single account may be opened.

@ricky97566 3 жыл бұрын

Please suggest for capital gain if came on sale of immovable property other than house

@CAAnoopBhatia 3 жыл бұрын

You should avail benefit of section 54F.

@CEKartiksharma 2 жыл бұрын

Sir is it necessary to show capital loss of property in itr if i dont want to carry forward the loss and property transaction is of 15 lakh and loss is about 6 lakh and transaction is not showing in 26 as or ais

@CAAnoopBhatia 2 жыл бұрын

Even if you don't want to carry forward losses ITR should be filed.

@brijeshgupta3086 3 жыл бұрын

If interest from Type B account interest earned is reinvested or taken to saving account for personal use ..in both the cases it is taxable under IFOS... correct??

@CAAnoopBhatia 3 жыл бұрын

Yes

@nitinkarnawat7917 Жыл бұрын

Hello sir i have dought, if i invest in capital gain bonds, coz i cannot buy new house due financial issue, then how many years we need to keep in fd bond, and aftr the maturity of fd. Can i use the amount or i need to pay tax later also

@CAAnoopBhatia Жыл бұрын

If you are depositing the amount in capital gain account scheme you get 3 years to construct from the date of transfer of original asset.

@pareshgoradia9672 3 жыл бұрын

Thanks for useful info, I have a question, At the time of partial withdrawal from capital gain account , do we need approval / letter from assessing officer ?, cheers

@CAAnoopBhatia 3 жыл бұрын

Repled elsewhere same query, pls refer.

@eswararaomanyam9554 Жыл бұрын

Describe about type B account sir, explain about the investment like infrastructure etc where can we invest then no need to pay tax

@AmericanAccentPractice 2 жыл бұрын

Sir agar circle rate se kam mein sale kiya hai property toh bhi long term capital gain tax lagega? Yeh toh long term capital loss hoga naa gain ki jagah?

@CAAnoopBhatia 2 жыл бұрын

For capital gain comptuation circle rate will be referred to, not the actual consideration. If due to such circle rate application there is capital gain tax shall be payable.

@subhashpatil6028 8 ай бұрын

Sir your vedio is very nice. I have purchased a plot 2 years back. Now I would like to sale the said plot quickly. Buyer is already available. I do not have any residential property in my name but two flats are in the name of my wife. Pl clarify if I reinvest sale proceeds of said plot for purchase of residential big flat in my name, in that case whether I will get exemption under Sec 54 F to save long term captil gain or otherwise.

@girishmanral3047 2 жыл бұрын

Sir Maine Aug 2020 Mai ek residential property ko sale Kiya jisse 30 lakh ka long term capital gain Hua. Maine 30 ki Jagah kewal 21 lakh ka capital gain account open Kiya may 2020 Mai. March Mai last Mai apply Kiya tha lekin process Mai lock down ke kaaran delay ho gaya jabki Maine bank ko documents March 29 ko de diye Thai.abhi Maine ITR file ke liye apne CA ko baat ki toh we bole capital gain account 30 lakh ke appx hona tha . Kya abhi bhi meri tax liability 0 ho sakti Hai yadi main additional 9 lakh usi capital gain account Mai deposit Kar Doon. Please guide kijiye Regards Girish Manral

@CAAnoopBhatia 2 жыл бұрын

Capital gain of Aug 2020 can be deposited in capital gain account scheme upto 31.12.2021 even, if I am understanding your facts properly. Pls consult with you CA however as he may guide you better based on the actual facts of the case.

@amishar43 2 жыл бұрын

If a person earns capital gain in FY 20-21(date of sale - 05.12.2020) and is going to purchase a property before due date of filing of return ie 31.12.2021. Should he still transfer the funds to CGAS and then make payment to the seller or he can directly make payment since it is before due date? Is it mandatory that the proceeds be utilised via CGAS only ?

@CAAnoopBhatia 2 жыл бұрын

In such no need to transfer amount in CGAS prima facie.

@amishar43 2 жыл бұрын

Thank you! This was very informative.

@ritu2202 3 жыл бұрын

Thanks for the video sir , can we use Capital gain account for long term gain from Debt mutual fund held for more than 5 years

@CAAnoopBhatia 3 жыл бұрын

Yes you may but remember parking funds in CGAS is temporary, ultimately you need to invest into a new asset.

@azadsingh233 2 жыл бұрын

Hi Anoop ji Thanks a lot for e2e knowledge on LTCG But I have one specific Q Can I buy under construction Builder Apartment before sale of my exiting property? If yes then any time limit, like one yr before? I wanted to buy under construction flat using can gain amount, one yr before of selling my existing prop, is it permissible af per second 54? Pls advice Thanks

@CAAnoopBhatia 2 жыл бұрын

Sir prima facie buying such flat will entitle you to avail the exemption but other facts are also relevant before arrising at final conclusion like till what date your flat is finally acquired, whether there is a need to deposit amount in capital gain account scheme etc. For that complete facts would be relevant to comment. I will advise you to consult with your CA.

@brijbhushansharma8642 2 жыл бұрын

SIR. VERY. GOOD VIDEO. I HAVE GOT MAXIMUM KNOWLEDGE FROM THIS PROMINENT VIDEO THANKS SIR. B.B SHARMA SONEPAT.O.K.SIR

@CAAnoopBhatia 2 жыл бұрын

Thanks and welcome

@nathsujitkumar 3 жыл бұрын

Dear Mr Bhatia, Very nice presentation. However, I have a question. Is it necessary to invest money from CGSA to buy new properties (real estate) only? Can I buy a new car using the money in my CGSA? Or can I invest in some other purposes, such as buying a medical insurance? Also, suppose I have no option to visit to my bank branch physically. In this circumstance, can I open CGSA through online banking purely? Thanks in advance.

@CAAnoopBhatia 2 жыл бұрын

You can't use CGAS for buying car or other such movable asset. For online opening of account you need to check with the bank.

@sunderlal7943 4 ай бұрын

Sir, Plot Sale Amt. 16 Lac LTCG 10 Lac LTCG Bank Deposit Scheme(For Construction Purpose) me kitna Amount deposit karna padega ? 16 Lac Or 10 Lac ?

@rajesh_m1450 Жыл бұрын

HI sir, I have received capital gain (LTCG)by selling inherited property.. BUT buyer ne full amount parts me paid kiye hai in a duration of 2 months.. Capital gain bonds Lene ke liye mujhe 6months me Lene honge.. ye 6months time period kab se start honge mere case me..*when I received first payment or *from registry date..