Can a Firm have Dubai Based Indian Citizen for Farm House

First the investment of partner in India should be on NON REPATRIATION BASIS.

Also the firm or the proprietary concern should not be engaged in any agricultural/plantation activity or real estate business, i.e. dealing in land and immovable property with a view to earning  profit or earning income therefrom.

So for what exactly the said firm has acquired Agricultural Lands and Farm House needs to be verified.

From the question raised, it looks that there has been contravention of FEMA.

Anuj

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femaquery @ gmail.com