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For Amitabh
by Kulbhushan Tyagi on Apr 27, 2007 05:18 PM

Hi Amitabh, Your knowledge about tax issues is enviable, and I really appreciate your professional way of answering.
My question is, I would like to sell a plot which I bought last year. I would like to put the proceedings of the same in my NRO account. I know there is 30% tax on the interest earned, but are there any other tax implications.
Please let me know.

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All these incomes are tax-free