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whether taxable or not?

Others 963 views 2 replies

here i want to know if this particular transaction is taxable and if so under whose hands.or if not taxable.along with sections".x" is working outside india and tranfers to his sister "y" in india to her account some money in foreign currency.he tranferred that for her expenses of her living.is it taxable?

Replies (2)

Taxability is determined not on the basis of remittance into India, but income accrual within India by its resident. In this case if the remitter is a NR and income earned outside India, taxability does not arise.

this will depend upon

1. residential status in india

2. income accrues or arises in india or not


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