Capital gain and advance tax issue


(Guest)

Hello Friends.

I found really interesting n Important Tax planning case for Capital gain advance tax and Interest u/s 234.

My Principal asked me to Calculate Advance Tax payment details of one Individual.

 Facts are:
1.Plot of Land not agricultural sold:Rs 10000000/-On 5 June 12
   Plot of Land Purchased: Rs.1399711/-     On 17 Oct. 07

            I calculated LTCG by taking 2011-12 (assuming for near about) n Got LTCG rs.         8008586/-.

2.    Plot of Land sold:           Rs 5000000/-  On 8 May 12
Plot of Land Purchased:       Rs.194400/-     On 11 jan. 2008

I calculated LTCG by taking 2011-12 (assuming for near about) n Got LTCG rs. 4723042/-.

Total LTCG is 12728900 and tax on that is 2580950

My Q is what is CII for 2012-13?

And How much advance tax installments and when client should pay to avoid Interest penalty  U/S 234.
and how interest be there as on 31/3/13 if advance tax not paid?

Please suggest me n let  discuss on Tax planning. Thanks in advance