Transfer of money out of savings from overseas

Tax planning 130 views 4 replies

Dear Member,

The income was earned and received in 2010 in US. Later the amount is transfer in 2017. Is the amount taxable in India for a Resident and Ordinary Resident.?

Replies (4)

Not taxable if transferred to own bank account....

Thank you Sir.

not it is not taxable in India because it is a remmitance

Thank you for the clarification.


CCI Pro

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