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Q. > Please Help: Income tax applicability for NRI
Indian NRI is in employment for last 5 years in USA. Meanwhile he bought a Flat at Kolkata 2/3 years back. Now he wants to sell the Flat which will fetch more than 50 lakh. Kindly appraise me what will be TDS Rate and Capital gains tax. Whether there is any exemption available for TDS and capital gains tax.
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