NRE & NRO account

This query is : Resolved 

18 May 2011 NRI having immovable property in India wants to sells it property.

The sale proceeds from the same should be deposited in NRE account or NRO account?

Pls advise.



19 May 2011 NRE account. Also the buyer should deduct TDS u/s 195.

Anuj
0-9810106211



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries