Foreign transfer

118 views 1 replies
User Avatar

student
186 Points Joined December 2013
Case : Amount transferred by husband from USA to his wife's savings account in India.

Does wife has to fulfill any income tax compliances in India?
0 Reply Share Follow
On 13 September 2020 at 23:53 Report
Replies (1)
User Avatar

Practising CA
8944 Points Joined December 2013
No. Generally such amount remitted is on account of maintenance of family abroad. Advisable to keep documentary proof ready to explain later if asked.

Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
E :raj @ rcdco.in
Reply
On 14 September 2020 at 00:37


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading