Easy Office

Gift money from US

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 August 2020 My son from the USA sends money every month for our maintenance. Is there any cap on this gift amount in the USA and India in the present time?. Is this cap applicable for US- FY or Indian -FY?
Profile Image

Asha Kanta Sharma

Profile Image

Asha Kanta Sharma (Expert)
09 August 2020 No Cap Limit is there....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links