Capital gain

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charteredaccountantgarimasethi (Querist)
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04 September 2012 land purchased on 20.05.2008 but entered in books on 31.03.2009 cost of purchase 4356186.
land sold in two parts . 1st on 18.07.2012 price 2529054 & 2nd on 22.08.2012 price 2517125. calculate capital gain or loss

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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04 September 2012 if Payment Made on 20/5/2008 ..
then Entry in Books Doesnt Matter.

All is LTCG.
Take Indexation Benefit.
All Assessment to be Done in A.Y. 13-14 Only

charteredaccountantgarimasethi

charteredaccountantgarimasethi (Querist)
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04 September 2012 but company has to pay advance tax then how much to pay

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CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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04 September 2012 Company Have Only That Income, Not Other Than ?
Pay 45%/36% of Total Estimate Tax Liability.