If you want a full exemption claim under Section 54, Section 54F, or Section 54EC of the Income Tax Act, you are required to deposit the entire capital gains amount into the Capital Gains Account. The entire amount must be used to purchase a new property within the particular time frames.
If you want a partial exemption claim, you can also deposit the portion of the capital gains.
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What amount to deposit in Capital Gains Account?
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2023-09-20T08:57:52+00:00 2023-09-20T10:02:57+00:00Comment
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