Hi Guys, Any advice?
Thanks.
Search found 2 matches
- Wed Jan 28, 2015 1:11 am
- Forum: US India Dual Tax, Cross country tax, FBAR
- Topic: Help with long term capital gains tax from property sale
- Replies: -1
- Views: 84
- Sat Jan 24, 2015 7:47 am
- Forum: US India Dual Tax, Cross country tax, FBAR
- Topic: Help with long term capital gains tax from property sale
- Replies: -1
- Views: 84
Help with long term capital gains tax from property sale
Hello All, I am an NRI planning to sell my plot for 40L. I bought 5 years back for 25L. I am planning to put the sale money in my NRO a/c. I understand that being an NRI I have to pay 20% capital gain tax. Now the problem is that when buying the plot, it was registered for only 10L. And the indexed ...