TMI BlogPermission from RBI - benefit of DTAAX X X X Extracts X X X X X X X X Extracts X X X X ..... one of my relative is a nonresident indian. he is settled canada for two decades . he has one flat in india he purchased when he was nonresident from govt development authority. He now proposes to sel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l the house pay capital gain tax inindia all taxes that are leviable balance amount repatriates outside through banking channels. The question is weather he needs any permission from RBI. ? CA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N HE repatriate the sale proceeds after paying all taxes in india ? can he get any benefit under DOUBLE TAXATION AVOIDENCE AGREEMENT ? - Reply By Surender Gupta - The Reply = Once the house property ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is situated in India, any capital gain arising out of such capital asset is taxable in India. For remittance of foreign exchange you may consult your bank dealing with foreign exchange transaction - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Permission from RBI - benefit of DTAA - Query Started By: - SHYAMAL ROYCHOWDHURY Dated:- 2-4-2008 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an exper ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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