| PDF Name | Capital Gains Accounts Scheme 1988 Forms PDF |
|---|---|
| Last Updated | August 18, 2023 |
| No. of Pages | 13 |
| PDF Size | 0.08 MB |
| Language | English |
| Category | Government Schemes, Forms, Policies & Guidelines PDF |
| Topic / Tag | Application Form PDF |
| Source(s) / Credits | Sarkari Yojana |
Capital Gains Accounts Scheme 1988 Forms available to download in PDF format at incometaxindia.gov.in. Capital Gain Account Scheme was introduced in the year 1988 which allows individuals to park their capital gains until the point when they can be reinvested in assets specified in Sections 54 and 54F of the Income Tax Act, 1961, protecting their long-term capital gains. CGAS allows you to deposit the underutilized capital gains, making you eligible for the capital gains exemption you will receive once you reinvest.
Capital Gain Account Scheme Forms
There are the following forms to be downloaded under Capital Gains Accounts Scheme 1988:-
- Form No. A – Application for opening an account under the Capital Gains Accounts Scheme, 1988
- Form No. B – Application for conversion of accounts under the Capital Gains Accounts Scheme, 1988
- Form No. C – Application for withdrawal of amount from account-A under the Capital Gains Accounts Scheme, 1988
- Form No. D – Details regarding the manner and extent of utilisation of the amount withdrawn from account under the Capital Gains Accounts Scheme, 1988
- Form No. E – Form of nomination under the Capital Gains Accounts Scheme, 1988
- Form No. F – Application for cancellation or change of nomination previously made in respect of account under the Capital Gains Accounts Scheme, 1988
- Form No.:G – Application for closing the account under the Capital Gains Accounts Scheme, 1988 by the depositor
- Form No.:H – Application for closing the account under the Capital Gains Accounts Scheme, 1988, by the nominee/legal heir of the deceased depositor