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????
Rahi Naik (student) (180 Points)
23 July 2010helo 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????
Deepesh Khatri
(CA)
(167 Points)
Replied 23 July 2010
He will be liable only for LTCG u/s 115E @ 20%.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA)
(8311 Points)
Replied 23 July 2010
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