Remittance to foreign
This query is : Resolved
19 August 2022
An assesssee who is an NRI sold an apartment in india during Fy 2019-20 and incurred long term capital loss. She kept the sale consideration in NRO a/c in india. During the Fy 2022-23 she purchased a an apartment in india by utilising the above sale consideration. Balance Rs.1558200 is available in her NRO a/c. This amount is out sale of consideration during FY 2019-20. No taxable income arises in both the years. She wants to repatriate 1500000 to united kingdom. What is the procedure & what form to be filled in .
19 August 2022
Filing of 15CA and 15CB required.
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