Hi All,
I have capital gain of around Rs. 20 lakhs incurred from sale of property during Jan - Mar, 2021 quarter and I need to pay that as advance tax before Mar 15, 2021. My question is can I pay this as multiple installments before the due date i.e. 12 lakhs from my ICICI bank via online payment by Marc 10th and remaining 8 lakhs from my SBI account via online payment by March 14th (some payment is expected by March 14th) and then I can mention both the challan numbers in the ITR advance tax details to get credit for the same. So basically I want to confirm that there is no restriction that the entire advance tax payment for the quarter has to be paid as single installment i.e. a single challan number.
Thx a lot for all the help,
Ashish Singhal
CAclubindia
