Remittance from east africa
This query is : Resolved
MAULIK SHAH CA
(Querist)
23 August 2012
one of ma friend is doing job in tanzania and remit money to his father's account
would like to get your views on taxability of same in india and how it can be shown in return
would like to get your views on taxability of same in india and how it can be shown in return
Amol S Joglekar
(Expert)
23 August 2012
your friend's residential status as per income tax is the key factor. If your friend is NON RESIDENT as per income tax, the said remittance is not taxable
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