Articles by CA. Anuj Gupta

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Can NRI or PIO Remit Sale Proceeds of Inherited Immovable Property

Posted by CA. Anuj Gupta 01 August 2011 17800 Views

Sale proceeds of any immovable property inherited by NRI / PIO from a person resident in India can be remitted abroad subject to a ceiling of USD one million per financial year subject to production of documentary evidence in support of inher



Can Resident Indians incorporate a Company/LLC outside India

Posted by CA. Anuj Gupta 27 July 2011 24667 Views

I am being asked this query on almost daily basis by my friends and colleagues and all of them are of view that incorporation of Companies/LLC outside India is permitted in FEMA by RBI under Liberalised Remittance Scheme ,2004. To get the answer of



Residence & Scope of Income In Cross Border Situations

Posted by CA. Anuj Gupta 06 May 2011 18374 Views

As a general principle, law of a State has effect only within its own boundaries. This general principle, however, has a very important exception.




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