I have sold some shares recently and had LTCG. In this case do i have to pay advance tax. I am not a senior citizen and currently have no other source of income other than some dividend income.
G Verma (>) (147 Points)
12 May 2022I have sold some shares recently and had LTCG. In this case do i have to pay advance tax. I am not a senior citizen and currently have no other source of income other than some dividend income.
Samantha J
(1236 Points)
Replied 12 May 2022
sabyasachi mukherjee
(27107 Points)
Replied 12 May 2022
G Verma
(>)
(147 Points)
Replied 15 May 2022
So in simple language, I calculated my LTCG tax on sale of stocks which is 90 thousand ( please note this is not gain its the tax ). In this case i have to pay 15% advance tax before 15th June. Correct?
sabyasachi mukherjee
(27107 Points)
Replied 15 May 2022
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