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Sayed Maqsood Ahmed   06 December 2022

sale of flat by ex NRE indian

dear learned advocates

I was working abroad and purchased a flat from the amounts deposited in my NRE account in 1998 in india.

After 23 years of working abroad I returned to India permanently in 2020 and became a resident Indian.

now I want to sell one flat purchased in 2000. can I do it as resident Indian as per the existing laws.

your immediate valuable advice would be appreciated with respect to income tax etc act.

Best regards


Learning

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