Capital gains

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MANASH DAS (Querist)
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18 June 2015 A company earned long term capital gain on sale of a property on 12/06/2015, but CII for FY 2015-16 not notified yet, then how the co. will be able to pay advance tax on such LTCG on or before 15/06/2015? Please clarify me !!!

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 June 2015 take an average 9%-10% increase in CII and pay tax on approximate basis

Ankur Singhal

Ankur Singhal (Expert)
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18 June 2015 Agree with nikhil kaushik.
Dear Cii of FY 2014-2015 is 1024.
So take CII around 1040 approx for FY 2015-2016 and calculate tax approximately.

Ankur Singhal

Ankur Singhal (Expert)
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18 June 2015 Agree with nikhil kaushik.
Dear Cii of FY 2014-2015 is 1024.
So take CII around 1040 approx for FY 2015-2016 and calculate tax approximately.

Rupesh Jain

Rupesh Jain (Expert)
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18 June 2015 YOU CAN TAKE ESTIMATED INCREASE IN CII AND DEPOSIT THE TAX

MANASH DAS

MANASH DAS (Querist)
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20 June 2015 Thanks for yours' clarifications...

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