Amount unutilised in capital gain account scheme for which exemption claimed...

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Amount unutilised in capital gain account scheme for which exemption claimed u/s 54 shall be treated as long-term capital gain, if

A. 2 years have expired from the date of transfer

B. 2 years have expired from the date of deposit

C. 3 years have expired from the date of transfer

D. 3 years have expired from the date of deposit

Answer: Option C


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