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Tax payable on LTCG tile limit
we have arise long term capital gain on Q1 tax payment is paid on advance tax basis or one time at time of long term capital gain.
Replies (1)
For Q1, you can pay in 4 installments as 15%,45%, 75% etc. (yearly basis)
But it is not possible to accurately predict the amount of capital gain in advance. Therefore, if you earn capital gains after the advance tax due date, you may choose to pay the advance tax in the remaining instalments.
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