taxability of interest from capital gain deposit account scheme
The Capital Gain Account Scheme primarily helps you avail of tax exemptions from capital gains. It offers two types of accounts-Savings and Term Deposits.Key Benefits. 1  Tax exemption under section 54(F)(4) of Income Tax Act 1961.he Capital Gain Account Scheme primarily helps you avail of tax exemptions from capital gains. It offers two types of accounts-Savings and Term Deposits.