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Fund transfer to NRI as a gift from father in law

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(Querist)
10 November 2021 Can Father in law transfer money to a NRI ? what are the formalities to follow? 15 CA /CB is required? Kindly guide me.

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 November 2021 Yes, transfer it as gift to relative. 15CA and 15CB not required. Transfer it under liberalised remittance scheme.
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