Details of property and identity of buyer in Schedule CG

Tax queries 148 views 1 replies

If Indian resident have sold land which is situated outside India whether need to report the details of property and identity of buyer in Schedule CG?

Replies (1)

Yes Indian Resident has to report the same land that sold as when the person is Indian Resident , he needs to report all his Global Income . So accordingly , he will have to also mention the details as well.

 


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