If the immovable property was received as inheritance by the NRI/PIO can he repatriate the sale proceeds?

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Yes, general permission is available to the NRls/PIO to repatriate the sale proceeds of the immovable property inherited from a person resident in India. NRls/PIO may repatriate an amount not exceeding USD one million, per financial year, on production of documentary evidence in support of acquisition / inheritance of assets, an undertaking by the remitter… Read more »