Can a father gift his son by transferring 100000 AED in son's Dubai Bank Account
both are Indian Residents, will this cover under LRS
it is not a permitted transaction. the recipient of the gift needs to be a non-resident.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
