Process to repatriate money from home sale from NRO account to USA

[manamthoupule]

I have sold a property that I bought from my NRE funds and sale process are deposited into NRO account. Bank is ICICI.

1) Now what it the process to repatriate that money from NRO to my US bank account ?

2) Can we do this online ? Can I submit the required documents online for repatriating money from NRO to US bank account or does this needs to be done by physically sending required documentation to the ICICI bank ?  

Please help. I see conflicting information. Some places it says we can do the whole process online by uploading required documentation but some places it's mentioned that we need to physically mail required documentation to ICICI bank location in India.

[manamthoupule]

LTT

[AndhraneedSCS]

Process naku kuda tell. Have to sell all assets in India and bring them to US eventually 

[manamthoupule]

LTT.

[usetime63]

TDS katinava ?

[ismartganesh]

pay 30% tds 

 

[PAWANFAN4]

I sold recently and got through ICICI. I paid taxes at the time of selling (TDS) - This is mandatory as an NRI, Otherwise buyer is responsible for the taxes due on the sale. Gave sale deed, tax slips and filled some documents at ICICI branch and money was transferred in 2 weeks.  Make sure you have photographs, aadhar card, pan card, sale deed, tax payment slip, ICICI bank cheques when you go to branch. You don't need any other documents from auditor if you are doing through ICICI.

[manamthoupule]

17 hours ago, PAWANFAN4 said:

I sold recently and got through ICICI. I paid taxes at the time of selling (TDS) - This is mandatory as an NRI, Otherwise buyer is responsible for the taxes due on the sale. Gave sale deed, tax slips and filled some documents at ICICI branch and money was transferred in 2 weeks.  Make sure you have photographs, aadhar card, pan card, sale deed, tax payment slip, ICICI bank cheques when you go to branch. You don't need any other documents from auditor if you are doing through ICICI.

@PAWANFAN4 15ca and 15cb are not needed ? I thought they were mandatory.

[manamthoupule]

On 1/5/2024 at 10:08 AM, manamthoupule said:

@PAWANFAN4 15ca and 15cb are not needed ? I thought they were mandatory.

@PAWANFAN4 Bro, can you confirm this ?