https://www.taxtmi.com/manuals?id=946 For non-residents who purchased shares or debentures in a foreign currency or who reinvested, capital gains must be computed by converting cost of acquisition, transfer-related expenditure and sale consideration into the same foreign currency used for purchase, computing the gain in that currency and reconverting it into Indian rupees; this mandatory proviso applies to short- and long-term gains without indexation, excludes mutual fund units and specified government bonds, and is implemented via Rule 115A using telegraphic transfer rates for conversion. en-us Tue, 25 Aug 2015 14:57:00 +0530 Fri, 22 Mar 2024 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=946 For non-residents who purchased shares or debentures in a foreign currency or who reinvested, capital gains must be computed by converting cost of acquisition, transfer-related expenditure and sale consideration into the same foreign currency used for purchase, computing the gain in that currency and reconverting it into Indian rupees; this mandatory proviso applies to short- and long-term gains without indexation, excludes mutual fund units and specified government bonds, and is implemented via Rule 115A using telegraphic transfer rates for conversion. Manuals Income Tax Tue, 25 Aug 2015 14:57:00 +0530 https://www.taxtmi.com/manuals?id=946