#1
June 23rd, 2016, 11:24 AM
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Capital gain scheme SBBJ
Hello sir I want to know about minimum amount deposited in Capital gain scheme of SBBJ so here can you please give me its details ?
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#2
June 23rd, 2016, 11:24 AM
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Re: Capital gain scheme SBBJ
Hey as per my idea Capital gain scheme of SBBJ was started in 1988 and here I am giving you its details Coverage The Capital Gains Deposit Scheme is operative at all branches except rural branches. Minimum Amount Rs. 5000 in case of Term Deposits and Rs. 1000 in case of Saving Banks a/c Loan facility No loan facility against this deposit is available This term deposit can neither be accepted as margin money for non-fund based nor as collateral to any type of fund-based facilities. Eligibility Candidate should be Resident Individuals, Body of individuals Candidate should be Non- individuals like Hindu Undivided family (HUF), sole proprietorship firms; partnership firms companies, Association of persons etc Candidate should be Non -resident Indians Not Ordinary Resident assesses. Artificial judicial persons who have capital gains, taxable in India. Period of Deposit Not exceeding 2/3 years from the date of transfer of original asset as 2 years - if capital gains is U/s 54B, 54 F. 54 G 3 Years - if capital gains is U/s 54, 54 D |
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