Tag: capital gain deposit

High Court directed closure of Capital Gain Deposit Scheme (CGDS) Account opened mistakenly by the assessee on wrong advice by tax consultant. In a recent judgment, Hon’ble High Court of Meghalaya has directed Income Tax Authorities to expeditiously close the Capital Gain Deposit Scheme (CGDS) Account of the …

Deduction u/s 54F denied for non deposit in capital gains accounts scheme allowed as investment in flat purchase was made before due date u/s 139(4) ABCAUS Case Law Citation: ABCAUS 2660 (2018) (12) ITAT Important Case Laws Cited/relied upon: Xavier J Pulickal vs. DCIT 379 ITR 534 Sunayana …