Capital Gain Tax to Nri
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2011
i m purchasing shops from NRI in india can i am liable to deduct Capital Gain tax from his sale amount due to him from me? plese explain me any provisions of income tax on that matter.
CA MANOJ GUPTA
(Expert)
05 May 2011
tax is to be deducted AT 20.6 PERCENT IF THE GAIN TO NRI IS LTCG OTERWISE AT 30.9 PERCENT
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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