New Delhi, Oct. 28 -- -Name withheld on request

Assuming you qualify as a Non-Resident (NR) of India for FY 2026-27, you would become taxable in India on any income that is received/deemed to be received in India, or accruing/deemed to accrue or arise in India.

Since the residential property is situated in India, capital gains arising from its sale would accrue in India and, accordingly, would be taxable in India. The capital gains tax implications would remain the same whether you sell the property to a resident Indian or to an NRI. If you have held the property for more than 24 months, then the gains would qualify as long-term capital gains and would be taxable at 12.5%, plus applicable surcharge and cess, without indexation. Whereas,...