Meeting medical expenses of NRI close relative may qualify as a resident to resident service under FEMA regulation. Payment by a resident individual of medical expenses for an NRI close relative is treated as a resident to resident transaction and may fall within the ... Summary
Meeting medical expenses of NRI close relative may qualify as a resident to resident service under FEMA regulation.
Payment by a resident individual of medical expenses for an NRI close relative is treated as a resident to resident transaction and may fall within the scope of services related thereto under Regulation 6(2) of Notification No. FEMA 14(R)/2016 RB, permitting such classification for miscellaneous forex facilities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
