MOHALI NRI AUSTRALIA
A Mohali home seller who lives in Australia can claim the Indian tax on the gain as a foreign income tax offset. The Australian Taxation Office caps the offset at the Australian tax on that gain once the claim passes A$1,000. Tax that India will refund does not count, and unused offset cannot be carried forward.
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13 Nov 2026 · 23:00
· Mohali Aerotropolis Editorial
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