For computing capital gains tax should the transferor and transferee be Residents of India?
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178215 Points)
Replied 03 June 2017
Need not, only thing the capital gains should be taxable in India.
sowmya
(audit assistant)
(228 Points)
Replied 03 June 2017
Need not the capital asset must situate in India as per section 91(i)
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