Adavance Tax

AR (RETIRED) (21 Points)

18 September 2021  

I am retired, Senior Citizen (70 yrs old) taxpayer.

Coming month, I intend to close my Portfolio Management Service with a share broker.

I estimate that this will result in a Capital Gain (LTCG + STCG) Tax of about Rupees 2 Lacs.

The estimated TDS for the AY 2021-22 for my OS income (bank fixed deposits) will be around Rs. 25,000/-

Do I have to pay advance tax for the Capital Gain?