CAN A NON RESIDENT IS ELIGIBLE TO CLAIM A BASIC EXEMPTION LIMIT OF RS.250000 WHILE CALCULATING CAPITAL GAIN INCOME
EXAMPLE
AN NON RESIDENT HAVING SHORT TERM CAPITAL GAIN OF RS.900000, WHAT IS TAX PAYABLE FOR FY 23-24? IS BASIC EXEMPTION LIMIT OF RS.250000 APPLICABLE ON THE ABOVE INCOME?
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