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Capital gain

CR Rejith

Hi

I had deposited the entire proceeds of the sale of my property into Capital gains account. Subsequently after indexation, it turned out that I need to have deposited only part value of proceeds. How do I withdraw the amount that is not under capital gains?

Guidance Sought on Withdrawing Excess Funds from Capital Gains Account Due to Indexation on Property Sale Proceeds An individual inquired about withdrawing excess funds from a Capital Gains Account after realizing that only a portion of the property sale proceeds required deposit due to indexation. They seek guidance on how to retrieve the amount not subject to capital gains tax. (AI Summary)
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