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Can sale proceeds of such property when sold be remitted out of India?

April 26, 2017India proceeds Property remitted sale sold

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Can sale proceeds of such property when sold be remitted out of India?

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Repatriation of sale proceeds of immovable property acquired in India will be to the extent of repatriable funds used for acquiring the property, without any lock-in period, up to two residential properties. The balance amount will be repatriable through NRO account subject to conditions applicable for repatriation of balances from NRO accounts.