Doubt in a provision

Umang Shah (1 Points)

19 March 2025  

In sec 112 thera is a point that for individual or huf transfers long term land/building being a capital asset acquired before 23/7/24 and sold on or after 23/7/24

Than tax shall be 12.5% without indexation or 20% with indexation whichever benefits the assessee

My question is that individual/HUF should be a resident or not ?