OCI Card holders (Husband and Wife) want to buy property jointly

Expat issues, Foreigners working in India, Dual Taxation, double taxation, claiming tax credits for tax paid in another country, taxes of other countries, Dual taxation, DTAA, Double taxation avoidance agreement, tax saving schemes, tax planning, tax return filing and so on
Post Reply
kkassociate
Posts: 173
Joined: Mon Oct 05, 2009 4:45 pm

OCI Card holders (Husband and Wife) want to buy property jointly

Post by kkassociate »

Dear Sir,

a) You can register the land in both spouses name, the only restriction you should aware of it that you cannot purchase an agricultural land per FEMA rules.

b) You can execute a joint POA , but it is advisable to execute individual POA incase if the for any reason the Registration officer comes up with any qualification.

We provide both US and India tax filing and advisory services. You can send us more details on [email][email protected][/email] or visit us at www.kkassociate.com

Regards,
KKA
US and India Tax Advisors.
www.kkassociate.com
Top
Post Reply

Return to “US India Dual Tax, Cross country tax, FBAR”