banner_ad

Nri taxation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 July 2019 Dear Sir

May I know if an NRI can avail the 80 c deductions if his major income is LTCG from sale of shares in a recognized stock exchange in India

Thanks

Raju
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
19 July 2019 NRI can avail the 80 c deductions
Profile Image

RAJU

Profile Image

RAJU (Querist)
19 July 2019 Dear sir
Thanks for the reply . But I have read in IT messages that if an NRI has only capital gain income , he cannot set off
or reduce his GTI with the 80 c deduction . This virtually means that NRI cannot obtain the 80 c deduction if he has only the capital gain income . Kindly advice if there are exceptions to this rule

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


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!




Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details