Remittance from NRI
This query is : Resolved
27 January 2008
Respected Sir
NRI wants to donate from abroad to 80G entitiled institutions Under Income Tax Act.Can he donate? Is there any RBI & Income Tax regulations in this regard ? Please tell me if any.
CA Kamal Khaitan
NRI wants to donate from abroad to 80G entitiled institutions Under Income Tax Act.Can he donate? Is there any RBI & Income Tax regulations in this regard ? Please tell me if any.
CA Kamal Khaitan
27 January 2008
Respected Sir
NRI wants to donate from abroad to 80G entitiled institutions Under Income Tax Act.Can he donate? Is there any RBI & Income Tax regulations in this regard ? Please tell me if any.
CA Kamal Khaitan
NRI wants to donate from abroad to 80G entitiled institutions Under Income Tax Act.Can he donate? Is there any RBI & Income Tax regulations in this regard ? Please tell me if any.
CA Kamal Khaitan
27 January 2008
HE IS ABIDE BY THE RULES OF RBI. HE CAN DO THAT FROM HIS NRE ACOUNT IN INDIA
28 January 2008
Yes of course prior RBI approval is required for any funds going out or coming into INDIA
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