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Remittance to an NRI in accounts in bank in their country

This query is : Resolved 
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(Querist)
29 July 2020 Please advise me if there is any restriction if I deposit some amount
in the account of an NRI (my son/daughter) in their account in their
country of stay and the associated applicability of income tax.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 July 2020 No income tax payable on such payment as it will be considered as gift to relative.
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SADASIVAN THEKKEY VEETIL

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SADASIVAN THEKKEY VEETIL (Querist)
12 August 2020 Thanks a lot for the help




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