Visit the bank branch where you hold your Capital Gain Account. Request an account closure form. Fill out the form accurately and provide all the required information. Attach the supporting documents and submit the form. The bank will verify the information and process your request for account closure. Once your Capital Gain Account is closed, the bank will issue Form G,
If you had opened the Capital Gain Account to avail tax benefits under Section 54 or Section 54F of the Income Tax Act, you should also update your tax records.
Need help with legal matters? Contact NoBroker experts
Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
How to Close Capital Gain Account and get Form G?
Ramesh
1.2k Views
1
1 Year
2023-10-09T11:18:40+00:00 2023-10-09T11:18:41+00:00Comment
Share