Easy Office

Gift to Grandson(USA)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 February 2020 Dear Sir,

One of my client giving the 11 Lacs gift to his USA's Grandson.
The amount will transfer to USA account.
Gift deed has been prepared.
Any issue from Income Tax.

NK
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
27 February 2020 No issues from income tax as it's gift to relative exempt.
Profile Image

NK1976

Profile Image

NK1976 (Querist)
28 February 2020 Form 15 CA want to be submit with bank
Please suggest




Profile Image

swasti

Profile Image

swasti (Expert)
28 February 2020 No need to submit 15CA for Remittance towards Personal Gifts.

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