Calculation of advance tax
This query is : Resolved
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
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
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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16 February 2014
ok Thank you....... :)
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