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Capital gain tax

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(Querist)
07 May 2019 i have long term capital gain of 50 lakh from property sale . 2 year exemption limit to expire on 30.5.19. what shall be the due date for tax depost? i could not find house to buy. decided to pay tax
will it be taxed in financial year 2020-21?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 May 2019 It will be taxed in the financial year 2019-20 pay advance tax.
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