Hi Mihir, I have a long term capital gains from US stocks (RSU) sold on the event of company being sold, the sale happened in september 2022 and money is still in foreign etrade account, If I get money now in my Indian SB account, when is this capital gain tax to be paid and how can I save it.
Ans: Tax on gain arises on transfer of capital asset being shares is taxable in the year in which shares are transferred.
Capital gain tax can be saved by investing consideration in acquiring house property provided you don't have more than 1 house property on the date of transfer.