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Chargeability of edu.scholer ship received in foreign curren (Income Tax)

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( Author )
16 June 2012


Respected Expert,
i want to know the chargeability of education scholarship received in foreign currency ( in Pound)in abroad and the same remmited in india.

is it taxable?
is it taxable in case remmited fund invest in the name of student or parent?

which sec of I.Tax and RBI covered?
How much amount remmited in india?



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