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Can sale proceeds of immovable property inherited by an NRI/PIO from a person resident outside India be repatriated abroad?

April 26, 2017immovable inherited NRI outside person PIO proceeds Property resident sale

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Can sale proceeds of immovable property inherited by an NRI/PIO from a person resident outside India be repatriated abroad?

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No. Prior approval from RBI is necessary with documentary evidence in support of inheritance & tax clearance / no objection from Income Tax authority.