Long Term Capital Gain

deepak (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.

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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

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