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Querist : Anonymous

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Querist : Anonymous (Querist)
23 September 2016 if Nri person sold property in india now want to transfer amount from NRO to NRE account to buy property outside india.

what we should choose.

1 nature of remittance--- Income from immovable property
2 RBI code --- Banking capital

is this correct

23 September 2016 Nature of remittance ---- Income from sale of immovable property..

As capital gain tax payment is involved Form 15CB has to be filed.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 September 2016 sir, what about rbi code for this purpose.

23 September 2016 S1406 Repatriation of profits.


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