Regarding capital gain

FY 2018-19

If the amount withdrwan has not been used for investing in specified area then the same is treated as income, So, it will taxed in FY 18-19.

Dear Sir,

Hope you are doing well !

Since, you have withdrawn the money in Aug,2018, it will be taxed in FY 18-19

Thanks & Regards,

Payal Chhajed

Hi,

Yes, the capital gain tax will be payable in FY 2018-19.

You will have to pay advance tax on or before 15 September to avoid interest.

जो amount आपने bank account से नीकाल लिया और नया घर लेने के लिए इस्तेमाल नहीं किया, वो जिस साल बैंक से निकाला उस साल उसपे tax लगेगा. जैसे आपने aug 2018 में पैसे निकाले तो tax 2018-19 का return भरें तब भरना.

Also if you are liable to pay advance tax because of this you can pay it till March 2019 and by this you can save interest u/s 234B and 234 C.

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Thank you

Since, you have withdrawn the money in Aug 2018, it will be taxed in FY 18-19.

Regards,

Nikhil

Dear Sir,

As per Income Tax Act, 1961, The time you withdraw the amount from Capital Gain Saving Scheme account, at that time only it will be taxable.Therefore, in your case, the amount will be taxable in FY 2018-19.

Thanks,

CA Sourabh Pahuja

Hi

it is to be taxed in year of withdrawal ie FY 2018-19.

Hi,

-It is taxable in F.Y. 18-19 i.e. A.Y. 2019-20 and you need to pay advance tax on it.

Thanks

Hi

It will be taxable in the FY 2018-19 I.e. AY 2019-2020. You need to pay the taxes by 15 September to avoid interest on non payment of advance tax.

Dear Sir,

The amount will be taxed in FY 2018-19 i.e A.Y. 2019-2020.

You will have to pay advance tax on or before 15 September to avoid interest on non payment of advance tax.