Capital Gain on Sale of Immovable Property by NRI

Category: Finance

What is Capital Gain on Sale of Immovable Property by NRI? There is always a doubt in the minds of NRIs about the taxability of gain arising from the sale of immovable properties in India. According to Indian tax law, any income or gain arising from the sale of immovable property is subject to tax in India. After are the relevant provisions of the Income-tax act regarding taxation of income or gain from the sale of Immovable assets. Find the best tax-saving option for NRIs. Read the full blog at https://www.imperialfin.com/blog/capital-gain-on-sale-of-immovable-property-by-nri/