https://www.taxtmi.com/forum/issue?id=3616 Amounts not utilised for purchase or construction before filing the return must be deposited in a capital gain deposit scheme account and, together with any amount already utilised, are deemed the cost of the new asset; if the deposited amount is not utilised within the three year period, the unutilised portion is charged as income in the previous year in which that period expires and may be withdrawn in accordance with the scheme. en-us Sat, 03 Dec 2011 14:15:59 +0530 Thu, 23 Jan 2025 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3616 Amounts not utilised for purchase or construction before filing the return must be deposited in a capital gain deposit scheme account and, together with any amount already utilised, are deemed the cost of the new asset; if the deposited amount is not utilised within the three year period, the unutilised portion is charged as income in the previous year in which that period expires and may be withdrawn in accordance with the scheme. Discussion-Forum Income Tax Sat, 03 Dec 2011 14:15:59 +0530 https://www.taxtmi.com/forum/issue?id=3616