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LTCG

This query is : Resolved 

20 September 2020 If a person is of Indian origin and works in another country for 3 years, he is a non residents for the purpose of IT. now if he sells shares and having LTCG, should he report under schedule 112A or 115AD(1)(iii)?

20 September 2020 section 115(1)(iii) is applicable only to the foreign institutional investors. So you have to report capital gains under section 112A only


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