Income earned Abroad

This query is : Resolved 

06 March 2024 Dear Sir/Mam,

One of my client got married recently and the girl to whom he got married used to stay in Ireland from the past 2 years and became an NRI. She had earned salary income in Ireland during these 2 years and now want to transfer this money in India as she will now permanently stay in India.

My query is will this money be taxable in India and apart from transferring money to her Bank account in India can she transfer this money to her husband too who is an Indian resident. The total amount she earned in Ireland is around Rs. 20 lacs when converted to Indian currency.

Please help me to resolve this matter.

Thanks,
Divyesh Jain

06 March 2024 This money not taxable in India on transfer.
Gift to husband not taxable.

06 March 2024 Thank you Sir for your response.


07 March 2024 You are welcome...
...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries