Hello! My father inherited agricultural land from his father and crafted a house within the village , away from the farm land and now he has handed absent but have mom and want to sell the agricultural lands and have money repatriated to U.
The amount for acquisition on the property was paid in overseas Trade received via banking channels or out of your resources held in overseas currency non-resident account or out from the money held during the non-resident external account;
‘We’re sorry’: New child remaining outside Panvel orphanage with handwritten Notice; 'sometime they may return to get baby back again'
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Julia is often a writer in The big apple and started covering tech and company throughout the pandemic. She also covers books plus the publishing marketplace.
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This in depth tutorial breaks down every little thing NRIs need to understand before selling real estate in India — from authorized eligibility and documentation to taxation, funds gains exemptions, and fund repatriation.
Make sure you Be aware that NRIs are allowed to declare exemptions beneath Segment fifty four and Section 54EC on extended-term money gains from the sale of house property in India.
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