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Money received from foreign

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181 Points Posted on 07 January 2021
a person employed in abroad and get salary in foreign. and transfer money in India to his NRI account. as per law there is any prob or taxability?????

if money transferred in father account then what is the possibility???

plz suggest me the information about this matter 🙏🙏
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On 07 January 2021 at 07:37 Report
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Chartered Accountant
24588 Points Posted on 07 January 2021
If salary accrued and earned in foreign then there is no problem in IT act but if it is deemed to be accrued and earned in india then it is taxable. If such amount is transferred to nri account then there is no problem.

no problem if you transfer the amount to your father account
129 Reply
On 07 January 2021 at 09:39
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181 Points Posted on 07 January 2021
Salary accrued and earned in foreign.
is there any limitations on amount or in any other way????
1 Reply
On 07 January 2021 at 09:49
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Chartered Accountant
24588 Points Posted on 07 January 2021
Upto usd 250000
129 Reply
On 07 January 2021 at 12:59
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17264 Points Posted on 07 January 2021
Your NRI status under income Tax Act will decide taxability of salary income. if NRI then no tax. Transfer to India and to your father account is a subsequent step after you earned income on which taxes are already paid.
101 Reply
On 07 January 2021 at 18:07


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