https://www.taxtmi.com/circulars?id=4702 Taxability of gifts in foreign exchange from non-resident donors depends on the location of the property when gifted: receipt by or on behalf of the donee outside India avoids gift-tax; delivery to the donee in India by the donor attracts gift-tax because the delivering agency is the donor's agent; but where the donor sends the instrument at the donee's request the bank/post is treated as agent of the donee and no gift-tax arises. en-us Sat, 02 May 1981 00:00:00 +0530 Sat, 02 Aug 2008 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4702 Taxability of gifts in foreign exchange from non-resident donors depends on the location of the property when gifted: receipt by or on behalf of the donee outside India avoids gift-tax; delivery to the donee in India by the donor attracts gift-tax because the delivering agency is the donor's agent; but where the donor sends the instrument at the donee's request the bank/post is treated as agent of the donee and no gift-tax arises. Circulars Income Tax Sat, 02 May 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4702