Income tax return

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 February 2014 mr. "A" is son of mr."B" mr, A is non- resident, and doing job in foreign but he sent remittance to his father in India . mr B's return shows mr A as creditor . if mr. A wants to file return in India for a. y 2013-14 how this remittance will be treated ? mr. A filed his last return in India for a.y 2005-06

03 February 2014 Transfer to Relative is not Creditors or debtors.Amount received from Son to Fahther is full taxablem it is receipt not income,



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