Case : Amount transferred by husband from USA to his wife's savings account in India.
Does wife has to fulfill any income tax compliances in India?
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Foreign transfer
Replies (1)
No. Generally such amount remitted is on account of maintenance of family abroad. Advisable to keep documentary proof ready to explain later if asked.
Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
E :raj @ rcdco.in
Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
E :raj @ rcdco.in
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