Can an NRI sell residential property in India and repatriate the money?

Yes. An NRI can sell up to two residential properties and repatriate the proceeds under the USD 1 Million per financial year scheme, subject to tax payment and Form 15CA/15CB documentation.

What is RNOR status and how does it benefit returning NRIs?

Resident but Not Ordinarily Resident (RNOR) is a transitional tax status that allows returning NRIs to continue paying zero tax in India on their foreign-sourced income for 1 to 3 financial years.

Taxation Practice

NRI Taxation, Remittance & FEMA Advisory

Expert cross-border tax advisory, Form 15CA/15CB certification, capital gains planning, and DTAA double taxation relief.

Practice Scope & Service Deliverables

We assist Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and foreign entities in managing their Indian tax liabilities, repatriation of funds from NRO/NRE accounts, property sale capital gains computation, and FEMA compliances.

Scope of Professional Assistance:

Form 15CB CA Certification & Form 15CA Filing for Foreign Remittance

NRI Income Tax Return Filing in India

Capital Gains Computation on Sale of Property, Shares & Mutual Funds

Lower/Nil TDS Deduction Certificate Application (Form 13) u/s 195

Double Taxation Avoidance Agreement (DTAA) Relief (Tax Residency Certificate)

NRO to NRE Fund Repatriation (up to USD 1 Million per FY)

FEMA Compliance & RBI Reporting for Foreign Investments

Tax Planning on Returning NRIs (RNOR Status Advisory)

Inheritance and Estate Planning for Indian Assets

Foreign Asset Reporting & Schedule FA Compliance

Who Requires This Service?

•Non-Resident Indians with Rental Income or Bank Interest in India

•NRIs Selling Ancestral or Self-Acquired Indian Real Estate

•Expats and Global Professionals Remitting Savings Overseas

•Returning NRIs Relocating to India

•Foreign Companies making Cross-Border Payments to Indian Vendors

CA & UDIN Guaranteed

All audit opinions, certifications, and compliance filings are reviewed directly by practicing Chartered Accountants with mandatory UDIN verification.

Schedule Case Review

Our Strategic Advantage

How We Deliver Value in NRI Taxation & 15CA/CB

Lower TDS Certificate (Form 13)

Property buyers deduct 20%+ surcharge when purchasing from NRIs. We obtain Section 195 lower withholding certificates to prevent huge capital blockage.

Smooth 15CA / 15CB Certification

Expedited CA verification and upload of Form 15CB to ensure hassle-free banking remittances to USA, UK, UAE, Canada, Singapore, and Australia.

DTAA Double Tax Mitigation

Leveraging Article 13 & Article 23 provisions across international tax treaties to ensure you do not pay tax twice on the same income.

RNOR Transition Planning

Structuring offshore bank deposits and overseas investments for returning NRIs to legally maintain tax-free status in India for up to 3 years.

Our Structured 5-Step Process

Technically rigorous, transparent execution from initial diagnostic to ongoing monitoring.

Residential Status Determination

Assessing days spent in India to categorize as Non-Resident (NR) or RNOR under Section 6.

Income & Capital Gains Calculation

Evaluating Indian income sources (rental, capital gains, interest) and applying indexation/exemptions.

TDS & DTAA Verification

Validating TDS credits in 26AS, Tax Residency Certificate (TRC), and Form 10F documentation.

Form 15CB Certification & 15CA Submission

Issuing digitally signed CA certificates for repatriation with bank liaison support.

ITR Filing & Assessment Tracking

Submitting NRI ITR with complete foreign remittance disclosures.

Professional Insights

Frequently Asked Questions

Clear answers to common questions about statutory compliance, processes, and deadlines.

Form 15CB is a statutory certificate issued by a Chartered Accountant confirming that appropriate taxes have been paid or deducted on funds being remitted overseas from an Indian bank account.

Request Consultation for NRI Taxation & 15CA/CB

Submit your inquiry and our direct tax & compliance desk will get in touch with you.