Gift to Grandson(USA)
This query is : Resolved
27 February 2020
Dear Sir,
One of my client giving the 11 Lacs gift to his USA's Grandson.
The amount will transfer to USA account.
Gift deed has been prepared.
Any issue from Income Tax.
NK
One of my client giving the 11 Lacs gift to his USA's Grandson.
The amount will transfer to USA account.
Gift deed has been prepared.
Any issue from Income Tax.
NK
27 February 2020
No issues from income tax as it's gift to relative exempt.
Message likes :
1 times
28 February 2020
Form 15 CA want to be submit with bank
Please suggest
Please suggest
28 February 2020
No need to submit 15CA for Remittance towards Personal Gifts.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
