Indexation benifit to nris
This query is : Resolved
27 July 2018
Dear Sir /madam,
I want to know whether there is any restriction for NRI s to claim indexation benefit incase of sale of shares and Mutual fund for the FY 2017-18.
-Arathy-
I want to know whether there is any restriction for NRI s to claim indexation benefit incase of sale of shares and Mutual fund for the FY 2017-18.
-Arathy-
27 July 2018
No indexation benefit to NRI's. Please see 1st & 2nd proviso to section 48.
27 July 2018
Sir,
R U saying that NRI s can claim indexation benifit incase of listed shares and mututal funds?
R U saying that NRI s can claim indexation benifit incase of listed shares and mututal funds?
27 July 2018
They can't. Pl see the section referred.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- Capitalgain tax purposes for valuation report compulsory
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
