Capital gain tax

helo dear frd..

Can any one tel me 

if an NRI, citizen of U.K , which hold NRE a/c ,sold its House property (LTCG) ,which situated in india

Any tax liability raise in india  other then capital gain tax cover under sp.section sec 115????

Replies (5)

He will be liable only for LTCG u/s 115E @ 20%.

Right information given by deepesh

dear rahi

he will not be liable to pay any tax other than capital gain tax in india.

regards

tarun rustagi

HIGHLIGHTS OF AMENDMENTS SUGGESTED IN FINANCE ACT 2009

income tax sections

 

Thank U frds

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