TDS on capital gains for RNOR
This query is : Resolved
14 May 2022
Hello :)
I am an RNOR for PY 2021-2022 and I have sold a property in this year 2022-2023. So the TDS on capital gains should be deducted at 1% or 20%? and How is my residential status determined for this year?
I am an RNOR for PY 2021-2022 and I have sold a property in this year 2022-2023. So the TDS on capital gains should be deducted at 1% or 20%? and How is my residential status determined for this year?
14 May 2022
You are resident of India so 1% TDS applicable.
RONR is for foreign income not taxable in India.
RONR is for foreign income not taxable in India.
15 May 2022
TDS is deducted considering your capital gains then 20% is proper, to avoid further tax liability on capital Capital gain.
15 May 2022
You are resident only 1% TDS applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
