Can nri get the benefit of basic exemption limit ?

This query is : Resolved 

18 January 2014 Assessee having a residential status as NRI. Computation of his income reflects interest income & Long term capital gain on sale of shares. Can Income from long term capital gain reduced by the basic exemption limit of Rs 200000/- or not

18 January 2014 Hi Ankita,

He can not claim an exemption:

Thanks

18 January 2014
Refer: http://articles.economictimes.indiatimes.com/2013-02-22/news/37243005_1_capital-gains-nri-plans-huf


Thanks




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