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Capital gain on shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2018 A Non-resident who shifted to UK in august, 2017 received Salary Income from India for F.Y. 2017-18 as well as from UK. Further, he exercises his rights for ESOP every 3-4 months for his company which is registered in US Stock Exchange. He sold out the shares which he got from Company and received dividend on same in his Indian Account in which his salary(from India) got credited for F.Y. 2017-18.
Now my query is that what will be the tax implications for F.Y. 2017-18. Will he required to pay Capital Gain tax on such Income?

13 July 2018 Not required as he is non resident and such income earned outside India. Credited in Indian account will not attract tax.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2018 Okay. Thank you sir.


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