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Deposit Account under capital gains scheme 1988

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....eposit Account under capital gains scheme 1988<br> Query (Issue) Started By: - DEEPAK CHHABRA Dated:- 20-7-2011 Last Reply Date:- 21-7-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Can an assesse op....

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Full Text of the Document

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....en two deposit accounts in a public sector bank in accordance with the Capital Gains Account Scheme 1988 for the purpose of utilisation of the same for purchase/construction of house property. Reply ....

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....By GOPALJI AGRAWAL: The Reply: Legally speaking the words used are "an account" which is interpreted as any or more than one also. But it would be better to deposit the same in one account to avoid ....

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....the litigation.<br> Discussion Forum - Knowledge Sharing ....