Nri taxation

Myy client is an NRI. He wishes to buy a property in India using the money to be repatriated by his boss, who is also an NRI The money would be sent in his Indian NRI A/c. Would the transaction attract any tax compliances or payments ?

 

Replies (1)

No tax compliances or payment if transfer money from abroad for buy a house in india but when he sell this house in future then he will liable to pay tax still he is non-residence.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register