Tax query regarding amount received from NRI blood relative

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..... Tax query regarding amount received from NRI blood relative
Query (Issue) Started By: - Aditya Gupta Dated:- 30-8-2015 Income Tax
Income Tax
Hi, My real brother who is an NRI and settled i .....

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..... n USA, wishes to send some money to me, which i plan to invest in a friend's business. What are the tax implications that I will have to face? Are there any other implications apart from tax? Als .....

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..... o, when I receive the amount from my brother as a gift, do I need to disclose it to the bank? Thanks in advance. :)
Discussion Forum - Knowledge Sharing .....

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