In the case of non-resident Indian having income by way of long term capital gains, the rate of tax on such income would be:

CS Executive · Tax Laws and Practice · PYQS · December 2017
In the case of non-resident Indian having income by way of long term capital gains, the rate of tax on such income would be:
(A) 5%
(B) 10%
(C) 15%
(D) 20%

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

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