Back to Top of Index Question-101: Can sale proceeds of such property if and when sold be remitted out of India ?
In resoect of residential properties purchased on or after 26th May 1993, Reserve Bank considers applications for repatriation of sale proceeds upto the consideration amount remitted in foreing exchange for the acquition of the property for two such properties. The balance amount of sale proceeds if any or sale proceeds in respect of properties purchased prior to 26th May 1993, will have to be credited to the ordinary non-resident rupee account (NRO account) of the owner of the property.
Related Questions
- Back to Top of Index Question-107: Can sale proceeds of such property sold would be permitted to be remitted out of India ?
- Back to Top of Index Question-101: Can sale proceeds of such property if and when sold be remitted out of India ?
- Can sale proceeds of such property when sold be remitted out of India?
