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Capital gain tax , of an NRI from UK is selling Fathers house in gazia


16-Oct-2023 (In Property Law)
1) how to avoid the 22.66 % tax on capital gain. 2) Don't want to buy RBI bonds.or buy house in India. 3)Do I have to open separate account? 4) Documents I should bring from UK to open such account or buy bonds if any. Kindly help ...urgent...email
Answers (3)

Answer #1
582 votes
Your query needs some more elaboration. Further and better particulars are needed for an effective opinion. What sort of property needs to be sold? Where do you stay? Are you an NRI? Is the property ancestral or self acquired?
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Answer #2
840 votes
Sir/madam
This is a serious issue wrt the transfer of funds from India to the USA. This can be done but for this these things should get discussed on the table. It covers various serious issues for consideration.

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Answer #3
669 votes
hello client hru. as you are saying tht you are willing yo sell your property in gaziabad district and you wish to avoid the property gain tax .
in this regards if you selling your property you can avoid this tax but fir that certail conditions are there which need to be followed so tht you should be free from all tensions .its is possible but for tht you beed to follows certain spacific rules then only it us possible.
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