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| *The Commerce Journal>>>India Taxes |
Short term capital gain tax not paid yet? |
I am working in PSU Bank. I have online share trading account which is showing 7500 as short term capital gain for 2007-08. But i have not paid any tax for that yet. Whether it will cause any harm to me or may I submit the tax (how much) even now. You can pay it with interest. It will be around Rs.75 per month from the date of due date till the date of payment. You have to find out the correct tax and correct due dates for advance tax. Take the advise of some C.A or your friends who know about taxation or take the advise of your broker to calculate the tax and its interest. you can very well subit the tax now.for 2007-08 return file date has not been announced yet. generally it is in july , at that time they will also annouce the final tax submission date. after than there is a fin. |
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