Sir, If one earns Capital gain on Sale of House on 2nd Dec of a year then how and when Advance tax becomes due and if not paid on that date then how the interest u/s 234c will be calculated
Menu
Interest u/s 234c on capital gain
Replies (1)
15 th dec-60 % of iadvance tac payable, 15 mar- remaining amt of advance tax payable.
first compute income n if advance tax doest not exceed 10000 u dont need to pay. 234 B, 234 C applicable in your case i think.
234B-1% per month or part of month
234C- 1 % for month
better take consultant help because it is the best to do . i dont ur case clearly ryt thats why
regards
kavitha
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
