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Tax & BudgetWealth-Economic Times
·Wealth-Economic Times

NRI Property Sale: Did You Miss a Tax Notice?

If you sold property in India while living abroad as an NRI and missed Income Tax notices, you may face unfair demands. Here's what happened to one NRI and what you must do to protect yourself.

💡
Did you know?

Missing one IT notice abroad can cost you more than 5 years of chai money in penalties.

Impact on You
₹19.46 lakh profit taxed unfairly

Your property sale gains can be wrongly taxed if you miss NRI notices

Key Takeaways

1

Register your current foreign address and a valid email ID on the Income Tax e-filing portal so all notices reach you digitally.

2

Appoint a trusted Power of Attorney (PoA) or CA in India to monitor and respond to tax notices on your behalf.

3

Before selling any Indian property as an NRI, calculate LTCG vs STCG liability and ensure TDS is deducted at correct NRI rates (20–30%).

Share:

If you sold property in India while living abroad as an NRI and missed Income Tax notices, you may face unfair demands. Here's what happened to one NRI and what you must do to protect yourself.

Here's what happened: An NRI woman sold her Gujarat house for ₹21.4 lakh in AY 2018-19, originally purchased in 2005 for ₹1.94 lakh.. Income Tax Department sent notices to her Indian address, but she lived abroad and never received them.. ITAT Ahmedabad later ruled in her favour, overturning the short-term capital gains tax demand against her..

What you should do: Register your current foreign address and a valid email ID on the Income Tax e-filing portal so all notices reach you digitally.. Appoint a trusted Power of Attorney (PoA) or CA in India to monitor and respond to tax notices on your behalf.. Before selling any Indian property as an NRI, calculate LTCG vs STCG liability and ensure TDS is deducted at correct NRI rates (20–30%)..

NRIs can claim LTCG exemption under Section 54 by reinvesting property sale proceeds into another Indian residential property within 2 years — even from abroad.

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References

  1. [1]
    NRI woman sold her property in Gujarat for Rs 21 lakh, tax dept sent notices, she missed them as she lived abroad; later she files case and wins in ITAT Ahmedabad Wealth-Economic Times · 16 Jul 2026

This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.

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