Which Schedule to use for LTCG on sale of equity shares for NRI individual?

Arvind (Individual) (50 Points)

26 July 2022  

Hello!

For an individual NRI investor who had LTCG from sale of equity shares for which STT was paid under 112A, which of the following 2 sections should be filled? The first one is Schedule 112A. The second ticked one is Schedule 115AD(1)(b)(iii) priviso, and explicitly mentions NRIs. Otherwise, the formats are identical as far as I can see. I presume NRI has to fill the details ONLY under Schedule 115AD(1)(b)(iii) priviso, is that correct?

Thank you in advance!