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        FEMA

        Regulation 11 - Miscallaneous

        Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2018

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        Transaction in immovable property must use banking channels and comply with applicable taxes under foreign exchange regulations. Transactions for acquisition or transfer of immovable property under the regulations must be executed through banking channels in India and are subject to payment of applicable taxes and other duties or levies in India.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Transaction in immovable property must use banking channels and comply with applicable taxes under foreign exchange regulations.

                                Transactions for acquisition or transfer of immovable property under the regulations must be executed through banking channels in India and are subject to payment of applicable taxes and other duties or levies in India.


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