Ltcg tax for debt for nri for the investments done as resident

Tax queries 134 views 1 replies

Hi,

I had done some investments as the resident in debt MF in 2014 which were redeemed during Jan 2019. Status for AY 2019-2020 is NRI.

Can I show this LTCG as part of the normal income (considering that my income is less than 5 Lac) as they were invested when the status was resident or it is based on the status during realizing the gain and I have to pay LTCG @ 20% with indexation benefit?

Thank you.

 

 

Replies (1)

It is based on the status during realizing the gain and you have to pay LTCG @ 20% with indexation benefit.
 


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