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Capital gain

This query is : Resolved 
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(Querist)
04 December 2014 hello sir
my query is
if NRI transfer long term capital assets in mumbai.
how much rate of tax will be charged on this transaction
10% or 20%????
or any TDS implication in the hands of transferee?
plss.. guide with reference to income ta act 1961
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
04 December 2014 Can you specify type of asset on which long term capital earned
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ali

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ali (Querist)
04 December 2014 house property (gifted by his grand father)
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
04 December 2014 The Tax will be 20% of long term capital gain with indexation as per section 112(1)(c)
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