Repatriate funds
Posted: Mon Sep 26, 2011 11:01 pm
We plan to R2A after staying for 20 months in India. Plan to sell a plot and repatriate funds through our NRE account. I understand that we need to pay taxes, show CA certificate to bank. Does this need to follow any particular tax year timeline? OR do we just go step-by-step and money will be available once deposited in NRE and transfered to US bank account?
Appreciate anybody sharing from their experience.
Thanks.
Appreciate anybody sharing from their experience.
Thanks.