TDS on capital gains for RNOR
This query is : Resolved
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?
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?
14 May 2022
You are resident of India so 1% TDS applicable.
RONR is for foreign income not taxable in India.
RONR is for foreign income not taxable in India.
15 May 2022
TDS is deducted considering your capital gains then 20% is proper, to avoid further tax liability on capital Capital gain.
15 May 2022
You are resident only 1% TDS applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Eway bill for machinery reparing
- Form 10BD Filling
- Error whiling application of GST REFUND (ANNEXURE B)
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
