Forum: 0 Subject: Re: Bringing cash from India for down payment Sender: AB Date: 2018-02-25 21:36:43

This is possible. You pay tax in India based on your profit/loss capital gain it is purely based on Indian tax rule. You can transfer the money to US if you can show the source and the intent. Intent is for buying property which is very well accepted! I am transferring money this year. already sitting on a sale agreement in India Good luck.

www.ctdesi.com Copyright 2005-2023 All Rights reserved. This site has details and links to advertisements, events, links, messages posted by users. The users need to verify the correctness of such information and ctdesi.com do not guarantee the correctness of the content. The risk of using this content remains with the user.
Please read our Privacy Policy Send any comments to: Contact