dear sir ...my residential status is NRI.during the f.y2017_18 i have sold a shares on which STT paid .
out above sales total gain is =196560 this is the only income i have earned india(Ie i don't have any other income).
my question is if i am liable to pay tax on above gain even though total income does not exceed basic excemption limit??if yes what is tac rate on above gain.
" my question is if i am liable to pay tax on above gain even though total income does not exceed basic excemption limit??
YES
if yes what is tac rate on above gain
Flat 15% +cess
CAclubindia
