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TDS on capital gains for RNOR

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(Querist)
14 May 2022 Hello :)

I am an RNOR for PY 2021-2022 and I have sold a property in this year 2022-2023. So the TDS on capital gains should be deducted at 1% or 20%? and How is my residential status determined for this year?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 May 2022 You are resident of India so 1% TDS applicable.
RONR is for foreign income not taxable in India.
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Pooja Yagnik

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Pooja Yagnik (Expert)
15 May 2022 TDS is deducted considering your capital gains then 20% is proper, to avoid further tax liability on capital Capital gain.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 May 2022 You are resident only 1% TDS applicable.
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Nidhi

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Nidhi (Querist)
16 May 2022 Thank you so much for the reply!
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