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Calculation of advance tax

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(Querist)
16 February 2014 Dear members,

can anyone tell me the treatment of advance tax in case of long term capital gain which is as follow:-


the property is sold on 15/11/2013 and long term capital gain is 1000000 than how much advance tax should be paid on 15/12/2013
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
16 February 2014 If you are Individual then pay 60% of the Tax Liability. Balance you can pay on Final instalment.
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Chandni Agarwal

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Chandni Agarwal (Querist)
16 February 2014 ok Thank you....... :)
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