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Indexation benifit to nris

This query is : Resolved 
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(Querist)
27 July 2018 Dear Sir /madam,

I want to know whether there is any restriction for NRI s to claim indexation benefit incase of sale of shares and Mutual fund for the FY 2017-18.

-Arathy-
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 July 2018 No indexation benefit to NRI's. Please see 1st & 2nd proviso to section 48.
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aratht

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aratht (Querist)
27 July 2018 Sir,
R U saying that NRI s can claim indexation benifit incase of listed shares and mututal funds?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 July 2018 They can't. Pl see the section referred.

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