long term capital gains tax


This query is : Resolved 

(Querist)
13 October 2008 Hi All,

I sold a property on 24-Apr-2008 and I want to pay my Long Term Capital Gains Tax. Can I pay it online from
https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp
In the Form CHALLAN NO./ITNS 280 What should I select (100)ADVANCE TAX OR (300)SELF ASSESSMENT TAX

Please advice and explain.

Warm Regards,
TR

13 October 2008 Select advance tax.

Tushar (Querist)
13 October 2008 Dear Sir,

Thank you for your reply.

Could you also explain when we choose Advance Tax and when we choose Self Assessment Tax.

Thanks and Regards,
Tushar

Rahul (Expert)
13 October 2008 During the year whatever amount you pay by way of tax will be trated as advance Tax. Self Assessment tax is paid after end of previous Year.

Tushar (Querist)
13 October 2008 Thanks Rahul,

So I can pay the tax from https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp

and at the time for filing my returns in july 09, I can quote the challan number.

Regards,
Tushar

03 April 2012 Yes you will quote the challan number in the return.


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