If a person was working in US and invested in some equity shares say 3 years back (> 1 year) and now wants to sell them from india, will he/she will be applicable to taxes in india or in US? Considering following facts:
1. He/She is not eaning in US as s/he moved to india and is paying indian tax returns for 1-2 years?
2. Hold an NRE account and can deposit the $ amount in the account?
thanks
sunil
Which company and which country does the equity share belong to?
It seems that shares are of listed company in USA. So you need to visit the taxation of both the countries.
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