Menu
Tax payable on LTCG tile limit
we have arise long term capital gain on Q1 tax payment is paid on advance tax basis or one time at time of long term capital gain.
Replies (1)
For Q1, you can pay in 4 installments as 15%,45%, 75% etc. (yearly basis)
But it is not possible to accurately predict the amount of capital gain in advance. Therefore, if you earn capital gains after the advance tax due date, you may choose to pay the advance tax in the remaining instalments.
Recent Threads
- Should open NRO account?
- Which IT section applicable for cash transaction i
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
Related Threads
CAclubindia
