Capital gain account
X X X X Extracts X X X X
X X X X Extracts X X X X
....apital gain account<br> Query (Issue) Started By: - shripad mungi Dated:- 2-2-2019 Last Reply Date:- 3-2-2019 Other Topics<br>Got 1 Reply<br>Indian Laws<br>I sold my flat. I have open new capital gain....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... account and kept 50 lakh rupees in it. After 9 months I need to purchase new flat. Actually my capital gain amount was 25 lakh only, but I kept all amount after sale of flat i.e. 50 Lakh. Now for new....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... flat booking I need 5 lakh for booking amount + 3 Lakh Stamp duty + 4 Lakh GST = 12 Lakh. Builder said he will give the "Demand Letter" only after deposit of ₹ 12 Lakh. Bank said the....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y will not issue any cheque without Demand letter from builder. So I am not able to use the money kept in capital gain account. How can I book the flat ? Reply By DR.MARIAPPAN GOVINDARAJAN: The Repl....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y: The builder's view is not logic. How can a amount be deposited without a demand letter? If it is deposited it would amount to advance deposit.<br> Discussion Forum - Knowledge Sharing ....