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of <h1>Withdrawals from Capital Gain Accounts: Use Forms C & D for Account-A, Form B for Account-B Transfers. Rule 7 Applies.</h1> Under the Capital Gain Accounts Scheme, 1988, withdrawals from Account-A require Form C for initial withdrawal and Form D for subsequent withdrawals, submitted with the passbook. For withdrawals from Account-B, funds must first be transferred to Account-A using Form B, along with deposit receipts and Account-A details. If Account-A is not yet opened, it must be requested alongside Form B. The transfer and conversion procedures are governed by Rule 7 of the scheme.
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