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Income Tax liability on receiving of Funds from outside India

This query is : Resolved 

23 August 2007 Is there any tax liabilities in India, while receiving the funds from my real brother, who stays outside India through westorn money transfer ?

And in what category of Income Tax Return, I have to show this amount, either as a Gift or whatever else ? Is this fund increase my capital in india ?

23 August 2007 a

23 August 2007 Thre should not be any tax liability as it is a gift to you. However it`ll increase your capital which have to be disclosed in ITR


23 August 2007 i agree with the views given.



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