Hello! My father inherited agricultural land from his father and constructed a house in the village , away from the farm land and now he has passed absent but have mom and wish to sell the agricultural lands and have resources repatriated to U.
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International nationals of non-Indian origin who may have obtained immovable property in India by way of inheritance with the precise acceptance of RBI can not transfer these property without having prior authorization from RBI.
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K., what paperwork are required and So how exactly does a single go about the procedure without getting present in India as mom’s health isn’t great? Many thanks
(Understand that this exemption may be withdrawn if you sell this new property within just a few several years of its purchase). The utmost LTCG claimed as exempt below this Part shall be Rs ten crores.
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