LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gaurav Kapadia   31 December 2022

Can i withdraw money on my self name from capital gain account?

This is a Capital gain Type A only 5 months old account, open in July - 2022 to deposit profit amount from my old flat selling. Now, I want to buy a new flat, property identify and stamp duty registration done. 50% payment paid to builder from my pocket and remaining I want to opt loan from bank. My query is, the amount which I kept in capital gain account, shell I self withdraw on my name from bank or it is not permissible? The reason for above question is, I borrowed the money from my relative to deposit in capital gain account and now I want to return the same..



Learning

 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register