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The Tax Publishers[5A. Purchase/sale of immovable property by foreign embassies/ diplomats/consulate generals A Foreign embassy/diplomat/consulate general may purchase/sell immovable property in India other than agricultural land/plantation property/farm house provided (i) clearance from Government of India, Ministry of External Affairs is obtained for such purchase/sale, and (ii) the consideration for acquisition of immovable property in India is paid out of funds remitted from abroad through banking channel].
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