NRI GET FOR SALE OF RURAL AG. LAND
This query is : Resolved
23 December 2025
SIR
MR A NRI. HE GET THE SALES OF RURAL AGR LAND FOR( INHERITED LAND MORE THAN 100 year)
my query is
1) it applicable for LT
2) PROCEDURE FOR THIS AMOUNT TRANSFER FROM INDIA TO HE LIVING COUTRY
3 ) LIMIT OF TRANSFER AMOUNT
THANKS
MR A NRI. HE GET THE SALES OF RURAL AGR LAND FOR( INHERITED LAND MORE THAN 100 year)
my query is
1) it applicable for LT
2) PROCEDURE FOR THIS AMOUNT TRANSFER FROM INDIA TO HE LIVING COUTRY
3 ) LIMIT OF TRANSFER AMOUNT
THANKS
24 December 2025
Sale of rural agricultural land in India by an NRI, even if inherited and held for over 100 years, does NOT attract capital gains tax, as rural agricultural land is not a capital asset under the Income-tax Act. Sale proceeds must be credited to the NRO account, and repatriation abroad is allowed up to USD 1 million per financial year, subject to standard FEMA documentation (Form 15CA/15CB, sale deed, inheritance proof).
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