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Can the sale proceeds of the immovable property referred to in Q.Nos.46 and 47 credited to NRO account of NRI / PIO, be remitted abroad?

April 26, 2017account credited immovable nro proceeds Property referred sale

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Can the sale proceeds of the immovable property referred to in Q.Nos.46 and 47 credited to NRO account of NRI / PIO, be remitted abroad?

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Yes, provided the immovable property was held for a period not less than ten years.