| Question And Answer | |
|---|---|
| Subject: | Non-Resident and declaring LTCG |
| Category: | Income-Tax |
| Querist: | Shail Patel |
| Answered by: | Research Team |
| Tags: | Capital Gains, Long term capital gains, Non- Resident, non-resident taxation |
| Date: | July 6, 2023 |
Does NRI have to update LTCG in schedule 115AD(1)(b)(iii)provisio but this schedule is enabled only for FII/FPI. So, how does NRI declare and specify LTCG details in ITR2?
NRI must declare LTCG details in ITR 2 under section 112 (c) of the Income tax Act, 1961.
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