Long Term Capital Gain
This query is : Resolved
24 June 2009
Dear Sir,
I sold some equety share on 14-10-2008 through buy back and earn Long Term Capital Gain Rs. 222584 (STT not paid). My question is this should i liable to pay the interest u/s 234 B and 234 C ? it is mentionable that we can not estimate this income.
Please Clarify at earliast.
I sold some equety share on 14-10-2008 through buy back and earn Long Term Capital Gain Rs. 222584 (STT not paid). My question is this should i liable to pay the interest u/s 234 B and 234 C ? it is mentionable that we can not estimate this income.
Please Clarify at earliast.
24 June 2009
If advance tax has been paid in december 08 and march 09 interest would have been avoided. Otherwise interest is mandatory.
24 June 2009
agree with the expert
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