Dear Batra Sir I found this blog very useful.
My query is bit complicated My mother had some land(non agricultural) which was aquired by Govt and they paid us respective amount now we have long term capital gains of almost whole amount the govt paid I purchased NHAI bonds but still amount is remaining that has Capital Gain so i deposited in SBI capital gain saving account ( type A ) So am going to purchase new house...Now i have two questions 1. Whats the exact procedure to withdraw amount from SBI capital gain saving account ( A type )?? The bank says we will make DD on favour of person from whom u r buying property. Is it true?? or i can deposit in my saving account and later i pay to the builder. 2. Am buying 3 houses all are connected so will it act as single property as am doing a single registration....will it create any problem ??
Thank You.
