What is the income tax rate for capital gain to a non resident indian?



A non resident indian has sold a inherited Urban Non agriculture Land in india. What will be the tax rate on such capital gain in india? Is he liable to file income tax return in india if the purchaser has deducted TDS while making Payment?

What is the income tax rate for capital gain to a non resident indian?
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One Reply to “What is the income tax rate for capital gain to a non resident indian?”

  1. Payment of LTCG tax @20% along with interest, payable by the NRI, is the responsibility of the buyer. Hence the buyer must deduct tax at source.

    The NRI is liable to file income tax return in india.

    HMT





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