Capital Gains Account

Hello,

If a person has capital gains from selling a property and intends to deposit the capital gains in a capital gains deposit account, what is the amount that needs to be deposited in the cap gains account?
Is it the entire sale proceeds of the property sale or is it enough just to deposit the gains?
Example –
If my indexed purchase price is Rs 100 and Dale price is Rs 150. Should I deposit entire Rs 150 or just the Rs 50 which is the gain/profit amount?
Thanks
Anonymous Asked on April 6, 2018 in Taxations.
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1 Answer(s)

It depends upon what you have sold and under which section you are claiming the exemption.

TaxIQ Answered on April 9, 2018.
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