CAPITAL LOSS ON FOREIGN PROPERTY

mukesh malik (DIRECTOR) (29 Points)

02 December 2021  

MY CLIENT WORKING IN SWEEDEN AND LEFT JOB IN PREVIOUS YEAR AND CAME TO INDIA  AND WORKING FROM HOME FOR SWEEDISH COMPANY TILL DECEMBER 2020  HE WAS ORDINARY CITIZEN IN PREVIOUS YEAR AS PER DAYS OF RESIDENTS IN INDIA HE WAS ORDINARY CITIZEN HE SOLD HIS PROPERTY IN SWEEDEN IN WHICH HE GOT CAPITAL LOSS ON SAME ALSO HE SOLD SOME SHARES IN SWEEDEN AND GOT CAPITAL GAIN  WHAT IS TREATMENT OF TAX ON CAPITAL GAIN