Advance tax without CII: Indexation helps property sellers save LTCG tax, but CII not being notified for FY26, what should they do?

8 months ago 4
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Property sellers who bought property before July 23, 2024, can lower capital gains tax using the cost inflation index (CII). However, the CII for FY 2025-26 is not yet notified, creating challenges for advance tax payments due June 15. The solution is Taxpayers can estimate CII using past trends or last year's value to avoid penalties.
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