LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

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



 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