taxation - Q & A Forum

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rsharmagzb asked 9 years ago

My son is sending money to my wife( his mother )every month.He is in UAE
Is it taxable?
Can my son file I T R here in India

1 Answers

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Sreekanth Staff answered 9 years ago

Hi, These money-transfers can be treated as Gifts and are tax-exempt to both of them. Kindly read : https://www.relakhs.com/gift-income-tax-rules-detailed-guide/ Is he an NRI? Does he has any taxable income in India? Kindly read : https://www.relakhs.com/residential-status-calculator-nri-taxation/ https://www.relakhs.com/income-tax-return-filing/ https://www.relakhs.com/new-itr-forms-ay-2017-18-fy-2016-17/