Gift from nri brother

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Vicky Chander

Vicky Chander (Querist)
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13 January 2014 Please guide me how to receive a tax free gift from my NRI real brother.
Thanks in advance.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 January 2014 you must take professional help in this regard as u need to comply fema act 1999.

Vicky Chander

Vicky Chander (Querist)
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14 January 2014 Sir I thought my senior friends shall be helping me out. I again request if any one knows how to get tax free money from a NRI brother. As far as I know I think gifts of any kind from friends are free of tax exempt. Please share your views on procedure and formalities.

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