Nri capitalgain on sale of house... urgent ..

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 December 2014 Pls help me
One my clients Having Capitalgain income on sale of Residential house,sale proceeding she wants to take it out side the country.
Dear experts pls advice me
1.How to get tax benefit on capitalgain
2.Procedure to take the sale proceedings from india to usa
3.Sale proceedings amount Rs.3.5cr.
4.She is an NRI
5.COA 1970 is 100000 only.
6.exemption like 54ec,54a...etc can she avail.????
Thanks in advance

12 December 2014 She can invest in house property out of the proceeds of the capital gain OR she can invest in Capital Gain Bonds to avail the benefits.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 December 2014 Thanks for reply

sir
pls how much she can get benefit as per she's proceedings
pls help me in detail

Thanks

12 December 2014 you have to calculate the capital gain

using the index for the related year.
and if you want to use the u/s 54

then your tax will exempt otherwise you have to pay tax.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details