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Taxes for NRIs on selling property in India

Submitted by Anonymous on Wed, 12/15/2010 - 11:29am.

I am an NRI from US and want to sell my property in Delhi region. Can anyone tell me if there are any tax implications I should know of? Would I pay taxes in India or in the US or in both?

Comments

Re_ Taxation on sale of property in India
Kindly share your requirement over mail with the year of purchase and cost of purchase or share your mail ID. There are two laws applicable: Income Tax Act and Foreign Exchange Management Act. I assure you will get best solution for your taxation.
     
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I am willing to sell my beautiful 1 BHK in Mumbai kandivali at an affordable as I need to buy a 2 BHK. I can guarantee you this property is going to be as lucky for you as it is for me. 

 

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