Easy Office
LCI Learning

Capital gain

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 September 2014 a person resident in cy and nri in p.y. sold shares in py of a company in dubai (which he created 20 years ago). suggesT:

1. Taxable in cy or py
2. Taxability of capital gain (exempt or not if taxable at what rate)
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
16 September 2014 it is taxed in the year it was sold.

so should remain non-taxable in India.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links