Foreign remittance
This query is : Resolved
jay arya.........
(Querist)
22 May 2011
Friends
i wish to send 50 lacs to my daughter in USA on H1B visa from her account. she is an income tax payee in india
plz clarify income tax issues/compliance on this matter
there are no income tax issues pending, all taxes have been paid thus far.
thanks
Friends
i wish to send 50 lacs to my daughter in USA on H1B visa from her account. she is an income tax payee in india
plz clarify income tax issues/compliance on this matter
there are no income tax issues pending, all taxes have been paid thus far.
thanks
CA. Anuj Gupta
(Expert)
23 May 2011
No income tax/FEMA issue in this transfer provided the said money is out of tax paid INCOME.
Anuj
0-9810106211
Anuj
0-9810106211
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