LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Long Term Capital Gain

(Querist) 24 June 2009 This query is : Resolved 
Dear Sir,

I sold some equety share on 14-10-2008 through buy back and earn Long Term Capital Gain Rs. 222584 (STT not paid). My question is this should i liable to pay the interest u/s 234 B and 234 C ? it is mentionable that we can not estimate this income.

Please Clarify at earliast.
A V Vishal (Expert) 24 June 2009
YOU ARE LIABLE TO INTEREST SINCE ON 14-10-2008 THE SHARES WERE SOLD BY YOU AND YOU KNEW THAT YOU HAD MADE PROFIT ON SALE


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :