TaxTMI 
TaxTMI 
amont received from USA
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....mont received from USA<br> Query (Issue) Started By: - Pradeep Jain Dated:- 19-2-2013 Last Reply Date:- 22-2-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Amount received from USA Dear Sir, My fr....
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....iend's daughter has been working at USA. She has send 2000 USD to his father in India. But said amount has been remitted in India through her freind saving bank account. In such case what would be i....
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....mplications / Tax liabialities , If ann ore would be trated gift by daugher to father. Kindly provide your opinion. Regards Pradeep Jain Reply By CA. Surender Gupta: The Reply: I think all depend....
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....s on the facts and circumstances in which she has used friend,s account. If it is a genuine transaction and can be proved, no addition as gift to my minde.<br> Discussion Forum - Knowledge Sharing ....