LONG TERM CAPITAL GAIN U/S 112
VIKRAM KUMAR (2 Points)
17 August 2018
In case of a Non resident assessee..long term capital gain u/S 112 can be adjusted against Basic Exemption Limit ?
2 Replies
Gauthami
(Student CA Final )
(431 Points)
Replied 17 August 2018
No NRI cannot adjust his income from LTCG against Basic exemption Limit... however if those are securities on which STT paid then then assessee can claim exemption u/s 10(38)
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