Non resident income from sale of house

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ROUNAK AGARWAL (Querist)
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18 November 2014 Assessee was a resident of India , 7 yers ago and so at that time purchased house in India . After few months he shifted to Australia and never returned so became a non resident and now in 2015-16 asessment yr he wants to sell his property loacated in India .
What are tax implication on income from sale of Home . There is DTAA between india - Australia perhaps .

Amol S Joglekar

Amol S Joglekar (Expert)
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19 November 2014 01. There is DTAA between India and Australia.
02. His long term capital gain from this house property shall be calculated and accordingly taxed in India.

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