Poonawalla fincorps
Poonawalla fincorps

Foreign remittance

This query is : Resolved 
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(Querist)
22 May 2011
Friends

i wish to send 50 lacs to my daughter in USA on H1B visa from her account. she is an income tax payee in india


plz clarify income tax issues/compliance on this matter
there are no income tax issues pending, all taxes have been paid thus far.

thanks
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
23 May 2011 No income tax/FEMA issue in this transfer provided the said money is out of tax paid INCOME.

Anuj
0-9810106211

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