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Remittance from NRI

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(Querist)
27 January 2008 Respected Sir
NRI wants to donate from abroad to 80G entitiled institutions Under Income Tax Act.Can he donate? Is there any RBI & Income Tax regulations in this regard ? Please tell me if any.

CA Kamal Khaitan
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CA Kamalkhaitan

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CA Kamalkhaitan (Querist)
27 January 2008 Respected Sir
NRI wants to donate from abroad to 80G entitiled institutions Under Income Tax Act.Can he donate? Is there any RBI & Income Tax regulations in this regard ? Please tell me if any.

CA Kamal Khaitan
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CMA Gul S

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CMA Gul S (Expert)
27 January 2008 HE IS ABIDE BY THE RULES OF RBI. HE CAN DO THAT FROM HIS NRE ACOUNT IN INDIA
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Amit Sharma

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Amit Sharma (Expert)
28 January 2008 Yes of course prior RBI approval is required for any funds going out or coming into INDIA

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