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Author Message   Lolakulu Pilla Bewarse Username: Lolakulu Post Number: 811 Registered: 05-2017 Posted From: 104.236.165.109 Rating: N/A Votes: 0 Posted on Thursday, December 07, 2017 - 2:10 pm:    if you convert to NRO and gets deposit related to property sale then it will be reported straight to IRS as they will have SSN. this money is taxed under PMLA act which is 50% straight rate. nee ishtam tharuvatha.