FOREIGN REMITTANCE ....................! URGENT

This query is : Resolved

Venkatesha.J (Querist)
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12 March 2010 Mr. x NRI US RESIDENT purchsed land in bangalore for rs.1.2 crores in 2007 and the same sold for rs 1.2 crores in march 2010.

what are all the proceedures to be folowed for repatriate the same to US

Kindly suggest as soon as possible

MANISH DHIR

MANISH DHIR (Expert)
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12 March 2010 such remittance would attract capital gain tax first in india on such sale and then only banker will permit its remmitance through form no.A2 to united states .

Venkatesha.J

Venkatesha.J (Querist)
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12 March 2010 Dear sir,.

When he needs to file the Income tax return with reference to above context please.......? please reply me as early as possible....

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Venkatesha.J

Venkatesha.J (Querist)
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12 March 2010 Dear sir,.

When he needs to file the Income tax return with reference to above context please.......? please reply me as early as possible....