Case Study 3: Foreign Exchange Management Act 1999

FCS Deepak Pratap Singh , Last updated: 11 July 2022  
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Question One couple purchased house property jointly. After the death of the lady ownership of her part transferred to two children. They sold house property. Long Term Capital Gain arises. But one child who is a resident of US wants to transfer his part in the US. Is it possible? SOLUTION

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FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Corporate Law   Report

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