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Remittance abroad under Liberalized Remittance Scheme.

This query is : Resolved 

29 June 2023 Sir

A resident female individual wants to send some amount say Rs 6 Lacs from her saving account in India , to her Daughter-in-law 's overseas bank a/c abroad thru wire transfer under Liberalized Remittance Scheme. and within prescribed limits.
As Spouse Of Son is NRI and therefore following queries :-

1. Is this transaction including mode of transfer covered under Exempted Gifts List ?
2. Is Daughter- in- law is liable for any Income tax in India. ?
3. Is Resident individual ( i.e sender ) liable for any withholding tax in India when her daughter in law is filing IT return in India also on Indian Income. ?
4.Is NRI Daughter-in law required to show or report this amount anywhere in her ITR in India. ?
5.Can remittance be made appropriately under head of' Maintenance of Close Relative ' abroad. ( Definition of ' maintenance ' not defined anywhere ).?

Please guide on above.



29 June 2023 1 yes.
2 No.
3 No.
4 No.
5 yes.

30 June 2023 Thank You Sir for your guidance and support. Have nice times ahead.

30 June 2023 You are welcome
.....


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