Foreign transfer amount

Hello Raja, We would like to answer your query one by one. 1. Any income earned globally by a resident of India is taxable in India. (Ref. Sec. 9). 2. Form 15CA and CB are required any remittance from India is done, for disclosing the details to the Indian authorities these forms are required. 3. Regarding the gift aspect, there is no problem in gifts given to daughter,spouse,son,father etc.(sec. 56). But concrete steps be taken after proper study is done on the nature of gifts and amount. So it is advised to provide complete facts and sought professional guidance. For ny further query PM/ mail us. Anubhav Jain anubhavjain176 @ gmail.com