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Foreign remittance to parents living in India

This query is : Resolved 

06 July 2022 If the dependant parents receive foreign remittance to support the family, and medical expenses etc, should such receipts, be added to the income and tax patable, when such amount is part of the income already taxed at the foreign government.

07 July 2022 Such receipt not taxable exempt from tax as gift to relatives.

07 July 2022 Such income is exempt as it is treated as a gift for the parents.




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