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?
CAclubindia
