Fema
This query is : Resolved
29 September 2011
Hi,
can a person resident in India transfer any immovable property situated outside in India if such property was acquired by him when he was resident outside India?
can a person resident in India transfer any immovable property situated outside in India if such property was acquired by him when he was resident outside India?
29 September 2011
Sir,
In my opinion
As per permissible capital account transaction rules 2000 schedule , this is a permissible capital account transaction, no requiring any approval.
no difference whether he was resident outside or resident in india.
Kindly let me know whether this solution has solved your query.
Regards,
CS Sumat Singhal
In my opinion
As per permissible capital account transaction rules 2000 schedule , this is a permissible capital account transaction, no requiring any approval.
no difference whether he was resident outside or resident in india.
Kindly let me know whether this solution has solved your query.
Regards,
CS Sumat Singhal
29 September 2011
Yes. Permitted transaction.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query Regarding on TDS section 194H and 194J
- NR GST NUMBER
- Fixed Deposit Claim Relinquishment by the Nominee
- Applicability
- ITR 6 Schedule CFL and UD Issues
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- GST Form ADT-02
- TDS RATE ON RENT PAID TO NRI
- Form - 26BQ
- Companies Act FA Excel
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
