Easy Office
LCI Learning

Purchasing a land in india by a citizen of canada.

This query is : Resolved 

02 March 2012 in case of a citizen of canada of indian origin want to purchase a land in india via his icici bank a/c in india and he also want to invest some money of his family in investment by his name, so what procedure can be adopted to cover the whole invesment as a legal point of views of income tax, FEMA, RBI etc.

08 April 2012 By the automatic route he can do so and no need to take any permission from RBI as he is to make invest from his NRI account

26 December 2012 The land should not be agricultural land.

Anuj
femaquery@gmail.com






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries