TMI Blogamont received from USAX X X X Extracts X X X X X X X X Extracts X X X X ..... Amount received from USA Dear Sir, My friend's daughter has been working at USA. She has send 2000 USD to his father in India. But said amount has been remitted in India through her freind sav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing bank account. In such case what would be implications / Tax liabialities , If ann ore would be trated gift by daugher to father. Kindly provide your opinion. Regards Pradeep Jain - Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By CA. Surender Gupta - The Reply = I think all depends on the facts and circumstances in which she has used friend,s account. If it is a genuine transaction and can be proved, no addition as gif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t to my minde. - amont received from USA - Query Started By: - Pradeep Jain Dated:- 19-2-2013 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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