621+ Lawyers are online 
NRI selling property in Bangalore and reinvesting in Bangalore
04-Mar-2024 (In Property Law)
Is a US based NRI who is selling their property in Bangalore and reinvesting in Bangalore(within the stipulated time as mandated), still liable to pay taxes on capital gains on the sale? I thought just reported the sale in the US was enough, but i am not sure.
NRI subjected to tds if property exceeds the value and capital gains depends on calculation and value of property consult any advocate or tax expert with necessary documents and information you will get clear answer on query.
Helpful?
Adv. Hanumesh H N
Bangalore | 400+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
