Fund recd. from abroad is taxable in india
This query is : Resolved
21 June 2020
Dear Sir,
if any mother received amount from abroad by imps-western union. is taxable in india in hand of mother?
if any mother received amount from abroad by imps-western union. is taxable in india in hand of mother?
21 June 2020
It will depend on the source of the receipt. If it is received from a relative it is not taxable as per the provisions of Section 56.
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