SADASIVAN THEKKEY VEETIL (Retired) (114 Points)
23 June 2010I would like to be guided on the correct authority as per which the foreign remittance
from a NRI to a relative /father/father-in-law is exempted from income tax by a
resident indian who is receiving it in India.Also if there is any limit to the amount
and if there is any specified purpose of utilisation . What could be the procedure to
claim such exemption
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 23 June 2010
As per Section 6 he will not be resident in India if for employment he is out of India for 182 days or more and hence his income will not be taxable in India.
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