Repatriate funds

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r2p2007
Posts: 11
Joined: Tue Jan 23, 2007 8:25 pm

Repatriate funds

Post by r2p2007 »

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.
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