Don’t worry, be happy!Receipt from NRI son is non taxable


Someone asked on this blogMy son an n r i sent monthly 450$ to his father(me)is it taxable to me as per i t rules ?No , it is not taxable, as it does not fall within Income definition. At most it may be termed a Gift which is also not taxable.So, receive money from…

This content is for annual members only.

Log In Register