Tax implication on funds deposit in nre account

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 May 2018 One of my friend purchased lucky drawn ticket in sharing with other friend and both are working in Qatar. Now they got money from lucky drawn and sharing the price money equally between them.

They are maintaining NRE account in India and they wants to send this money that NRE account. One person have proper documents for source of money as he is purchase that ticket in his name. Please explain is any problem will come from India if that second person transfer the money to his NRE account in India.

Since he doesn't have any valid documents for this source of money.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 May 2018 Same ticket can be shown as evidence considering total prize money received and half of the prize money is shared and remitted by each one.

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