Income earned Abroad
This query is : Resolved
Quick Summary
DIVYESH JAIN
(Querist)
06 March 2024
Dear Sir/Mam,
One of my client got married recently and the girl to whom he got married used to stay in Ireland from the past 2 years and became an NRI. She had earned salary income in Ireland during these 2 years and now want to transfer this money in India as she will now permanently stay in India.
My query is will this money be taxable in India and apart from transferring money to her Bank account in India can she transfer this money to her husband too who is an Indian resident. The total amount she earned in Ireland is around Rs. 20 lacs when converted to Indian currency.
Please help me to resolve this matter.
Thanks,
Divyesh Jain
One of my client got married recently and the girl to whom he got married used to stay in Ireland from the past 2 years and became an NRI. She had earned salary income in Ireland during these 2 years and now want to transfer this money in India as she will now permanently stay in India.
My query is will this money be taxable in India and apart from transferring money to her Bank account in India can she transfer this money to her husband too who is an Indian resident. The total amount she earned in Ireland is around Rs. 20 lacs when converted to Indian currency.
Please help me to resolve this matter.
Thanks,
Divyesh Jain
CA R SEETHARAMAN
(Expert)
06 March 2024
This money not taxable in India on transfer.
Gift to husband not taxable.
Gift to husband not taxable.
DIVYESH JAIN
(Querist)
06 March 2024
Thank you Sir for your response.
CA R SEETHARAMAN
(Expert)
07 March 2024
You are welcome...
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