Capital gain
This query is : Resolved
22 May 2012
If i sell the shares in October, on shares there arise me capital gain, but shares transfer are effected in January and i have received the consideration in advance in October, does my liability for advance tax on such capital gain arise in December or in March?
22 May 2012
if share has been transferred in January then advance tax libility will be arised in the month of march.
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