15 December 2012
MY CLIENT (RESIDENT) HAD INCURRED LONG TERM CAPITAL GAIN ON SALE OF SHARES AT DUBAI ON 10.12.12. NO STT CHARGES WERE PAID FOR THIS.NOW QUERRY IS WHETHER LTCG TAX TO BE PAID FULLY @20% (AFTER ALLOWABLE ADJUSTMENTS) IN ADVANCE TAX DUE ON 15.12.12 OR IT WILL BE PAID IN INSTLLMENTS?.
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