Capital gain on sale of residential flat out side india
This query is : Resolved
05 July 2017
Mr. X has purchase a Residential property at dubai in the F.Y.2008-09 and now he wants to sell this property in the f.y.2017-18 so in that Case how to calculate the capital gain on the sale of overseas property please give your valuable suggestion for the same .
05 July 2017
Assuming the person to be Resident and ordinarily resident.
LTCG = Sale value - indexed cost of acquisition
For conversion into INR, the SBI TT rate as on the date of the transaction can be made use of
LTCG = Sale value - indexed cost of acquisition
For conversion into INR, the SBI TT rate as on the date of the transaction can be made use of
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