Income tax for nri

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Anurag Jain (Querist)
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24 July 2012 Dear sir
Please tell me when I compute the only LTCG income for an NRI then the computax software does not claim the deduction of Rs. 180000/-.
But when I put the salary income alongwith in the software then it will take the exemption of Rs. 180000/-. Would you please tell me what is the real treatment?
Whether to take exemption of 180000/- from the LTCG before calculating tax or not?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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24 July 2012 On Long term capital gain income,there is no slab apply for tax rates. it is flat rate of 20% apply fully.so software not calculating the slab rates

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