Purchase of immovable property outside India by Resident & NRI Individuals By Anand Gupta TaxGuru

Purchase of immovable property outside India by Resident & NRI Individuals According to section 6(4) of the FEMA, a person resident in India can hold, own, transfer or invest in any immovable property situated outside India if such property was acquired, held or owned by him/her when he/she was resident outside India or inherited from a person resident outside India.

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