TaxTMI 
TaxTMI 
MY FRIEND'S FATHER IS LIVING IN DUBAI. MY FRIEND MR SANKAR IS COMPLETING +2 AND WISH TO JOIN IN COLLEGE. HIS FATHER IS READY TO SENT MONEY FROM DUBAI. MY DOUBT NRI TRANSFER MONEY WHETHER TAX IMPACT OR NOT
PLEASE REPLY URGENT
NRI IS APPLICABLE FOR INCOME TAX
03 Jun 2013 
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Tax treatment of NRI remittances: transfers from a nonresident parent to a student do not attract income tax consequences.
A nonresident parent sending money to a child for education is a plain transfer and, on the facts presented, gives rise to no income tax implications for the recipient; mere transfer of money does not attract income tax consequences. (AI Summary)
A nonresident parent sending money to a child for education is a plain transfer and, on the facts presented, gives rise to no income tax implications for the recipient; mere transfer of money does not attract income tax consequences. (AI Summary)
