Payment of Loan EMI through Capital Gains Account

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  1. Anjalik

    Anjalik New Member

    Can I give out cheques from capital gains account for my installments for buying a new house?
    What is the procedure for that? I am not given a chequebook by the bank.
     
  2. Shishir Nayak

    Shishir Nayak Member

    Many bank doesn't issue any cheque book for the capotal gain account as the amount to be withdrawn from capital gain account not by cheque but by furnishing an application in form C/D
     
  3. Amit Sahni

    Amit Sahni Active Member

    Better to withdraw from Capital Gains Account to your Bank Account and then pay from your Bank Account
     
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