Tax on home winning
This query is : Resolved
13 February 2020
What is tax liability of Indian resident, if he won home or Apartment in Australia.
In Australia he need not to pay any Tax. Is he needs to pay any tax in India to claim his price.
Is he can maintain this as his foreign property .
In Australia he need not to pay any Tax. Is he needs to pay any tax in India to claim his price.
Is he can maintain this as his foreign property .
Amol S Joglekar
(Expert)
14 February 2020
The income from all over the world is taxable in India in the case of resident individual.
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