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Topic: Tax Return Filing - Sold ASOP and Sent money from US to India  XML
Author Message
anilsinha


Location: Pune
Offline

I hold a NRI status (Out of the couuntry through out the year) and need to know if I am required to file tax return:
1. I sold ASOP (India Company) and Paid FBT also. The gain was Rs 2 Lacs. Is this taxable?
2. Used to transfer money from US to Indian BAnk (Ordinary Saving Account) for Car Loan Payment. Is transfered amount is taxable?

Please advise...
 
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