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interest on advance tax

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ca
23 Points Joined October 2014
A salaried person who has not paid advance tax where total tax liability exceeds 10000 but he has sold a land and bought a house in january.Is he liable to pay interest under sec234B and 234C including capital gains tax?
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On 19 July 2018 at 21:24 Report
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SEO Sai Gr. Hosp.
211555 Points Joined July 2016

First calculate the capital gain liability whether short term or long term.....

If LTCG..... deduction available u/s. 54F etc......... 

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On 19 July 2018 at 21:27
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ca
23 Points Joined October 2014
LTCG has been computed and deduction claimed under sec54F.Is tax liability on LTCG is subject to 234B and 234C?
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On 19 July 2018 at 21:32
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SEO Sai Gr. Hosp.
211555 Points Joined July 2016

Yes.

But from the quarter CG tax liability arise.

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On 19 July 2018 at 21:46

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