https://www.taxtmi.com/notifications?id=3831 Substituted clause (a) in Regulations 3 and 4 permits acquisition of immovable property in India excluding agricultural property, plantations, and farm houses. It requires that purchase price payments be made only from funds received in India by inward remittance through normal banking channels or from funds held in non-resident accounts maintained under the Act and Reserve Bank regulations, and it prohibits payment by traveller's cheques, foreign currency notes, or any other mode not specifically permitted. en-us Fri, 10 Feb 2006 00:00:00 +0530 Thu, 19 Jun 2025 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3831 Substituted clause (a) in Regulations 3 and 4 permits acquisition of immovable property in India excluding agricultural property, plantations, and farm houses. It requires that purchase price payments be made only from funds received in India by inward remittance through normal banking channels or from funds held in non-resident accounts maintained under the Act and Reserve Bank regulations, and it prohibits payment by traveller's cheques, foreign currency notes, or any other mode not specifically permitted. Notifications FEMA Fri, 10 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3831