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Capital Gain Tax to Nri

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2011 i m purchasing shops from NRI in india can i am liable to deduct Capital Gain tax from his sale amount due to him from me? plese explain me any provisions of income tax on that matter.
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
05 May 2011 tax is to be deducted AT 20.6 PERCENT IF THE GAIN TO NRI IS LTCG OTERWISE AT 30.9 PERCENT

CA MANOJ GUPTA
JODHPUR
09828510543

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