Dear Experts,
can anyone please help me in sorting the following issue?
One of my client who is an Non Resident Indian has got a agriculture land in India. At the time of purchase also he was an NRI. He wasnt aware that NRI cant hold agriculture land in india. The land has also been registered in his name. Now, he being an NRI wants to sell this land purchase by him years ago and wants to take the consideration abroad. Will he face any problem? Will it be possible for him to take the total consideration abroad? If yes, what is the procedure to be followed.
Kindly guide me with the above.