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Nri income

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Querist : Anonymous (Querist)
16 January 2012 If the income of NRI in the NRI account trf to any one person in India will it attract income tax?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
17 January 2012 Amount transferred through NRE a/c does not character of Income. The purpose for which the amount is being tfd. is important in deciding whether such receipt is an income to the recipient.
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O.D.SHARMA

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O.D.SHARMA (Expert)
17 January 2012 Hi,What do u mean by any one ? yes it can be taxable in the receivers hand .This have to be done systematically
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