Capital gains-24.06.2025
This query is : Resolved
24 June 2025
No PGBP in FY25-26. OI is < 2 lakhs. LTCG is 9 lakhs after indexation. 20% tax on LTCG is 1.9 lacs. How much tax is applicable in FY25-26? I will be a senior citizen in August 2025. I did not pay any advance tax for LTCG. When to pay this tax during filing ITR or before March 15, 2026
24 June 2025
Being Sr. Citizen you can pay it before filing relevant ITR or before 31.07.2026. Tax liability would be 1.90 lakhs + 4% cess.
24 June 2025
he is not a senior citizen for this assessment year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Confused regarding applicability of books of accounts and audit
- Payment of Stamp Duty and registartion of documents
- Taxation under the head Salaries
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- STCG on equity shares/ETF-24.06.2025
- TDS on property 26QB Difference between Amount paid/credited currently(B) and Stamp Duty Value
- Disclosure in DPT-3
- RECEIPT OF TRAINING FEES FROM FOREIGN STUDENT
- ITR 3 TO ITR 4
- Payment of Professional Tax to Chennai Corporation
- Worng payment of TCS on sale of goods how to get refund the same
- REGARDING AMENDMENT TO BE MADE IN TURNOVER AND PURCHASE FIGURES WRONGLY MADE IN MONTHLY VAT RETURN
- GST Returns not filled under composition scheme
- Loan to Foreign Holding Company by its Indian Subsidary
- Format of Balance Sheet and Profit & loss Account of proprietorship business
- Reversal of Custom duty as per para 6.08 FTP 2023 for DTA sales done by EOU unit
- GST Reverse charge Accounting
- NOTICE DRC01 FOR F.Y. 2018/2019 BY ENFORCEMENT DEPARTMENT DRC01 FOR PENALTY(122)(1)(iii)
- Rodtep Script generate
- Last 3 years GSTR 4 not filed compulsary
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
