LTCG @ 20% Rs. 1526807.40 Return filed on 14/07/2012
If one has to pay LTCG of Rs.1526807.40
What wiil be Interest u/s 234B @ from to
What will be Interest u/s 234C @ from to
The amoint given is LTCG
The property was sold on 16/5/2011. Against this property two properties acquired on 25/5/2011 and12/5/20110 Assuming that only one property is elegible i.e. bought on 25/5/2011, the tax amount is worked out to be paid in a day or two. My question is how much wii be the interest u/s 234 B & C payable. Refund of 18217 is due on other savings, house income bank interest will I get to reduce the tax liability.
CAclubindia
