Interest u/s 234c on capital gain

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

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

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