Capital gains account deposits let taxpayers preserve relief by placing funds into designated accounts under specified eligible sections. Depositors may make deposits into a Capital Gains Account to avail benefits under the listed sections of the Income-tax Act; deposits must be made by any depositor intending to claim those benefits and in accordance with the procedural provisions of the Scheme, with the eligible sections specified and subsequently amended by notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital gains account deposits let taxpayers preserve relief by placing funds into designated accounts under specified eligible sections.
Depositors may make deposits into a Capital Gains Account to avail benefits under the listed sections of the Income-tax Act; deposits must be made by any depositor intending to claim those benefits and in accordance with the procedural provisions of the Scheme, with the eligible sections specified and subsequently amended by notification.
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