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Acquisition and Transfer of Property in India by an Indian Citizen resident outside India

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Full Text of the Document

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....in India by an Indian Citizen resident outside India:- A person resident outside India who is a citizen of India may - ^1[(a) acquire immovable property in India other than an agricultural property, plantation, or a farm house; Provided that in case of acquisition of immovable property, payment of purchase price, if any, shall be made out of (i) funds received in Indi....

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