NRI Who is Citizen of India or PIO Need Not Report Acquisition of Immovable Property in India

Print PDF

RBI has issued  Circulars A.P. (DIR SERIES 2011-12) CIRCULAR NO. 79, DATED 15-2-2012 by which the Form API which is declaration of immovable property acquired in India by a person resident outside India who has established in India a branch, office or other place of business, excluding a liaison office. It has been clarified that…