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LONG TERM CAPITAL GAIN U/S 112
In case of a Non resident assessee..long term capital gain u/S 112 can be adjusted against Basic Exemption Limit ?
Replies (2)
No NRI cannot adjust his income from LTCG against Basic exemption Limit... however if those are securities on which STT paid then then assessee can claim exemption u/s 10(38)
no such adjustment is not allowed to non resident
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