https://www.taxtmi.com/forum/issue?id=110951 Capital gains invested in a Capital Gains Account Scheme were earmarked to buy and build on an unapproved plot within three years. A judicial ban on registering unapproved plots now prevents registration and commencement of construction, risking disqualification of the reinvestment and assessment of tax with interest. The taxpayer asks whether an extension or departmental concession is available; suggested options are to approach the tax department with facts and pursue or await legal/administrative remedies to enable registration and construction. en-us Fri, 23 Sep 2016 14:52:59 +0530 Thu, 23 Jan 2025 15:56:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110951 Capital gains invested in a Capital Gains Account Scheme were earmarked to buy and build on an unapproved plot within three years. A judicial ban on registering unapproved plots now prevents registration and commencement of construction, risking disqualification of the reinvestment and assessment of tax with interest. The taxpayer asks whether an extension or departmental concession is available; suggested options are to approach the tax department with facts and pursue or await legal/administrative remedies to enable registration and construction. Discussion-Forum Income Tax Fri, 23 Sep 2016 14:52:59 +0530 https://www.taxtmi.com/forum/issue?id=110951