LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sathish (Student)     01 June 2011

Sale of Property in India by NRI

A NRI [Singapore citizen] has got a property in India and he wants to sell the property.

Could any one guide me on the folowings -

a) Procedures and formalities on execution of sale of property in India,

b) procedure on how the sale proceeds have to be repatriated,

c) Taxation [Sec.9]

 

Thanks in advance,

Sathish



Learning

 1 Replies

pervez (adviser)     03 June 2011

Dear, Pl refer RBI circular on the subject as updated till April 08, 2011 with following link https://www.rbi.org.in/scriptts/FAQView .. trust it will satisfy yr querry..

regards


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register