These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to do
· economictimes.indiatimes.com
Individuals who have sold property acquired on or before July 23, 2024 and sold it between April 1, 2026 and June 15, 2026 and wants to use indexation benefit to pay a lower net tax can face issues if advance tax is not correctly paid as CII is released late; Know what to do
Practical difficulty for real estate transactions due to late release of CII
What to do if you have underestimated the advance tax liability?
Who still benefi...