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Fund transfer by NRI

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400 Points Posted on 03 April 2023
An assessee is migrating to India permanently from Dubai. Her late husband's brother will support her livelihood on monthly basis from abroad. He should transfer fund from his NRE account to assessee's account in India. What will be the tax implications?
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On 03 April 2023 at 14:36 Report
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SEO Sai Gr. Hosp.
211560 Points Posted on 03 April 2023

No tax liability on any amount received from BIL under Indian Income tax act, if the same is not required to be repaid by her.

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On 03 April 2023 at 18:33
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Profession Business
28196 Points Posted on 04 April 2023
No tax liability in this case.
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On 04 April 2023 at 09:15

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