Tax query regarding amount received from NRI blood relative

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..... Hi, My real brother who is an NRI and settled in 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? A .....

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..... re there any other implications apart from tax? Also, when I receive the amount from my brother as a gift, do I need to disclose it to the bank? Thanks in advance. :) - Tax query regarding .....

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..... amount received from NRI blood relative - Query Started By: - Aditya Gupta Dated:- 30-8-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio .....

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..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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