My first query is: can I invest the capital gains from this flat into a property in India? Second query: how is capital gains calculated, and is it the same for Mumbai and other cities? I have to pay capital gains tax in the UK, can that be shown as tax paid in the returns? Query one: If you are an ROR in India, the sale of the UK property shall be taxed in India. You may evaluate claiming foreign tax credit (FTC) under the India-UK Double Tax Avoidance Agreement (DTAA), for any taxes paid in the UK on the sale of property, subject to the conditions prescribed under DTAA.

Source: Mint June 21, 2020 20:26 UTC