Capital Gains for NRI,s

This query is : Resolved 

22 September 2009 How to compute capital gains on sale of shares of pvt ltd company held by NRI and NRI selling it to indian resident. Is the sale & cost to be valued at foreign exchange rate or as per indian rupee.

23 September 2009 Capital gains will be calculated in Indian Rupee as the investment in shares and its sale proceed both are in Rupee terms.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query