14 May 2016
Sir, A property sold in India( property transferred after the death of mother). What is the liability of tax. total share of property received was Rs. 2,75,000. A NRI has already applied for Indian PAN Card. He want to take the benefit of slab rate. Is the slab rate benefit available .If not what is the rate of tax ???????????????????
15 May 2016
1 Basic exemption of Rs. 2,50,000. available. Calculate the capital gain for this portion, the capital gain will be less than 2.50 lacs and no tax payable.
CAclubindia
