Respected Experts,
I Got a case where the remitter has sold her property for 29 lacs and paid capital gains tax on that. She wants to remit the sale consideration net of long term capital gins tax to her son in USA. Her son is NRI and this income is not his. He has no principal place of business or source of business in India. he was not even resident last year. The Remitter(mother) wants to transfer funds as gift. Which section of Income tax or DTAA will apply? I require the info for filling form 15CA
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