Fund transfer from abroad

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2015 Hi..Greetings of the day...!!!
My nephew is working in Canada. He wants to transfer money to his mother in India. What is the correct way to do the same out of below options;
1.Transfer directly to her savings account held in India
2.Transfer directly to their joint savings account held in India
3.Transfer to his NRE then NRO account and then to her savings account

Also I want to know if there are any Incometax implications for both in this case.
My nephew is outside India since August 2014

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 September 2015 Transfer directly to her savings ac in India, no income tax implication as it is treated as gift to relatives.

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2015 Dear Mr. Seetharaman,
Thanks for your reply.....

-regards

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