https://www.taxtmi.com/forum/issue?id=117303 The issue is whether money received by a father from a son residing abroad constitutes a reportable foreign contribution under FCRA and triggers the FC form filing obligation when it exceeds the monetary threshold. Forum responses diverge: one treats such remittances from the son abroad as gifts requiring FC form submission above the threshold; another maintains that donors holding Indian passports fall outside FCRA's purview, so no reporting is required. The dispute hinges on donor residence versus donor passport/nationality. en-us Thu, 24 Jun 2021 12:36:53 +0530 Thu, 23 Jan 2025 15:54:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117303 The issue is whether money received by a father from a son residing abroad constitutes a reportable foreign contribution under FCRA and triggers the FC form filing obligation when it exceeds the monetary threshold. Forum responses diverge: one treats such remittances from the son abroad as gifts requiring FC form submission above the threshold; another maintains that donors holding Indian passports fall outside FCRA's purview, so no reporting is required. The dispute hinges on donor residence versus donor passport/nationality. Discussion-Forum FEMA Thu, 24 Jun 2021 12:36:53 +0530 https://www.taxtmi.com/forum/issue?id=117303