Capital Gain

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  1. Vijay pratap

    Vijay pratap New Member

    Consequent to sale of a property, I deposited a certain amount in SBI capital gain account, which was converted into an FD. This is more than 2 years from now. The Capital gain account is non-operational (probably for being more than 2 years) and the linked FD account is not closing prematurely (no premature closure option is appearing).

    I have no investment due in any property. So I approached the bank to close the FD account, deduct the due taxes and return the balance in my saving account. The bank is not clear and making me do rounds, asking to get a certificate from the IT Officer.

    How to withdraw my money. Kindly advice procedure.
  2. V K Khanna

    V K Khanna Active Member

    Last edited: Sep 11, 2016
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