General permission to Non-Resident to hold, own, transfer or invest in Indian currency, security or any immovable property situated in India [ Section 6(5)]
Capital Account Transactions
Contents
Acts
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Non-resident ownership rights: permitted to hold or transfer Indian currency, securities, or immovable property if acquired while resident or inherited. Non-resident persons are granted a general permission to hold, own, transfer and invest in Indian currency, securities and immovable property located in ... Summary
Non-resident ownership rights: permitted to hold or transfer Indian currency, securities, or immovable property if acquired while resident or inherited.
Non-resident persons are granted a general permission to hold, own, transfer and invest in Indian currency, securities and immovable property located in India where those assets were acquired or owned while the person was resident in India or were inherited from a person who was resident in India.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.