*amount received from relative in my bank account
*relative is living in USA
*He send amount for his some personal work their in india
*amt is greater than Rs.1lac
*I want to know that is their tax applicable on payment received from foreign
thanks
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Treatment of payment received from relative from foreign
Replies (4)
Yes tax is applicable
How much tax is applicable on on that
Tax according to that states....
Residing in Delhi
it's not applicable as per income tax slab
it's not applicable as per income tax slab
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