Challan to be used for deposit of capital gain tax
This query is : Resolved
24 April 2018
I have to deposit Capital Gain Tax during FY 2018-19 for Capital Gains arisen out of sale of property in FY 2015-16, which have been invested in Capital Gain Account Scheme under Section 54, but not utilized for purchase/ construction of property. I have been advised to use ITNS 280 for deposit of Capital Gain Tax. In ITNS 280 there is no head for deposit of Capital Gain Tax. The heads available are:
(100) Advance Tax
(300) Self Assessment Tax
(400)Tax on Regular Assessment etc
Please advise which head should I tick for deposit of Capital Gain Tax.
With regards
A K Ratwani
(100) Advance Tax
(300) Self Assessment Tax
(400)Tax on Regular Assessment etc
Please advise which head should I tick for deposit of Capital Gain Tax.
With regards
A K Ratwani
24 April 2018
Choose (100) Advance tax if you pay before 31-3-2019. If after that date, choose
(300) self assessment tax.
(300) self assessment tax.
24 April 2018
thanks a lot. with regards
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill not cancelled within 24 hous what can be due
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- GST rate and HSN code for sale of racing horses
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
