How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • Go back-and-forth until satisfied
    Rate the answer you receive.
Ask Expert Lu Your Own Question
Expert Lu
Expert Lu, Business Consultant
Category: Law
Satisfied Customers: 508
Experience:  ACCA Diploma
109074415
Type Your Law Question Here...
Expert Lu is online now

I have a question pertaining to double taxation between the

Customer Question

Hi - I have a question pertaining to double taxation between the U.K. and India
JA: Have you talked to a lawyer about this? In which country do you live? If different, which country is your legal question related to?
Customer: i am a U.K. resident and I have an asset for sale in india
JA: What steps have you taken so far?
Customer: None, I’m just starting to enquire
JA: Is there anything else the Lawyer should know before I connect you? Rest assured that they'll be able to help you.
Customer: i would like to talk to the lawyer and understand my tax liabilities and then seek a service if that is appropriate for me
Submitted: 12 days ago.
Category: Law
Expert:  Expert Lu replied 12 days ago.
Hello and welcome.
Expert:  Expert Lu replied 12 days ago.

I am an expert with Just Answer and I am happy to assist you with your question .

Expert:  Expert Lu replied 12 days ago.

I am currently reviewing your question and I will get back to you.

Customer: replied 12 days ago.
Hi
Expert:  Expert Lu replied 12 days ago.

Thank you in advance.

Expert Lu.

Customer: replied 12 days ago.
I’m a U.K. resident but I have a property for sale in india
Customer: replied 12 days ago.
Now I will be charged capital gains in india. Will have have to pay tax in the U.K. too?
Expert:  Expert Lu replied 12 days ago.

Thank you for the details. If you pay CGT in India due to the double taxation treaty between India an UK you will not be liable for any CGT in the UK .You will not be taxed twice on that .

Expert:  Expert Lu replied 12 days ago.

You will need to keep the documentation so that you can give it to HMRC if they need it.

Expert:  Expert Lu replied 12 days ago.

I hope I have managed to answer your question.

Expert:  Expert Lu replied 12 days ago.

Please kindly feel free to ask if you need me to clarify my answer.

Expert:  Expert Lu replied 12 days ago.

Thank you for Trusting us with your question.

All the best .

Expert Lu.