Capital gain in hand of nri
This query is : Resolved
06 January 2017
My client has ancestral property and like to sale today, as per section 195 an application is to file for computation of capital gain but no such form is available for the same to apply the department and even department is unable to explain. TDS is to be deducted 20.6% on capital gain but act says that capital gain amount should be approved by assessing officer.
06 January 2017
Apply on plain paper to Foreign Tax Dept of Income tax and ask them to give the letter of low TDS or No TDS as the case may be.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
