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Advance tax

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rk sanghi (Querist)
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01 July 2014 is advance tax payable on sale of property capital gain

CA Parul Saxena

CA Parul Saxena (Expert)
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01 July 2014 yes advance tax is to be paid after considering this capital gain amount.

CA UMESH DULAL

CA UMESH DULAL (Expert)
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01 July 2014 besides that, you have to deduct TDS on payment if consideration is 50 lacs or more.

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