Challan to be used for deposit of capital gain tax
This query is : Resolved
Ashok Kumar
(Querist)
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.
Ashok Kumar
(Querist)
24 April 2018
thanks a lot. with regards
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