Which itr to be filled??
This query is : Resolved
DHARA SHAH
(Querist)
08 September 2017
my mom lives in USA and every month she deposited foreign exchange in my account.
Whether i required to file the return?
If yes, Which ITR to be filed?
Whether i required to file the return?
If yes, Which ITR to be filed?
Amol S Joglekar
(Expert)
08 September 2017
the remittance is exempt and as such you dont have to file any income tax return for the same.
To keep the income tax department informed, people suggest that you file return and show this remittance under exempt income column. Take the call ccordingly
To keep the income tax department informed, people suggest that you file return and show this remittance under exempt income column. Take the call ccordingly
DHARA SHAH
(Querist)
09 September 2017
Thanks for your reply...
Message likes :
1 times
Amol S Joglekar
(Expert)
10 September 2017
you are most welcome.....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Capital gains in IT returns
- ETDS return q4 25-26
- Import Order Cancelled.
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
