Home Fixed Assets Why you must defer property sale from March to April
Fixed Assets

Why you must defer property sale from March to April

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For instance, say you have 50 lakh long-term capital gains tax liability. If you sell the property in March, the entire 50 lakh is to be paid by 31 March. However, selling in April would mean you get the option to pay 15%, 45% (cumulative), 75% (cumulative) and 100% of the amount across four quarters.



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