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Advanced tax on capital gains

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sri darshan

student

21 Points Posted on 22 June 2012

i want to kno abt advanced tax on capital gains. i sold a property in the month of feb '12. I am plannin to buy another property with tat money to avoid capital gains tax. Should i pay advanced capital gains for tat income?

By wat tym shud i pay my advanced tax then?

Replies (2)

praveen

Chartered Accountant

5709 Points Posted on 22 June 2012

No advance tax on capital gains

CA Lalit Kandoi

Chartered accountant

409 Points Posted on 23 June 2012

If after purchase of new property

if there is still tax on capital gain

then u should pay respactive installment befor 15th March,2012

i.e.( Assessed Tax including capital gain tax - Advance tax already paid)

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Advanced tax on capital gains

sri darshan

praveen

CA Lalit Kandoi

If after purchase of new property

if there is still tax on capital gain

then u should pay respactive installment befor 15th March,2012

i.e.( Assessed Tax including capital gain tax - Advance tax already paid)

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Advanced tax on capital gains

If after purchase of new property

if there is still tax on capital gain

then u should pay respactive installment befor 15th March,2012

i.e.( Assessed Tax including capital gain tax - Advance tax already paid)

Leave a Reply

Recent Topics :

Related Topics :