Capital gains tax exemption for NRI?
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Can an NRI holding a Person of Indian Origin card claim Exemption from LTCG on Site (Land) if the person Reinvest the sale amount in the Country where he is citizen presently? Can he get Capital Gain Tax Exemption certificate from the Income tax Department?
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Answer:
No. He cannot get exemption from tax. For further queries mail me at [email protected]
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