dongakollu Posted March 2, 2016 Report Posted March 2, 2016 Babulu if I take money through bank transfer in U.S. along with a gift letter for buying a property will that be considered a loan where the person who gave the money can legally claim it later? Reason I ask: Ikkada $$ lo tisukoni India lo Rs. settle chesaka will it be a problem if he/she comes back to claim $$ given in U.S.
LungiLingaraju Posted March 2, 2016 Report Posted March 2, 2016 focus on matter plz née bonda entha anede matter ...
Maga_Jathi_Vajram Posted March 2, 2016 Report Posted March 2, 2016 Free advice = free phenoil focus on matter plz
dongakollu Posted March 2, 2016 Author Report Posted March 2, 2016 née bonda entha anede matter ... more than 10k
dongakollu Posted March 2, 2016 Author Report Posted March 2, 2016 Oka example tho explain cheyyi kaka Person A takes $10,000 (through bank transfer) with gift letter from Person B in U.S. [Person A settles above amount to Person B in India] Can Person B legally claim the $10,000 given to Person A in U.S.? In other words, is the amount given as gift treated legally as a loan??
Neutral Posted March 2, 2016 Report Posted March 2, 2016 Person A takes $10,000 (through bank transfer) with gift letter from Person B in U.S. [Person A settles above amount to Person B in India] Can Person B legally claim the $10,000 given to Person A in U.S.? In other words, is the amount given as gift treated legally as a loan?? No if u have all the paper work tht it is a gift to u
LungiLingaraju Posted March 2, 2016 Report Posted March 2, 2016 But down payment ki use cheyakudadu anukunta ba ... Realtor tho matladu .. Anyhow illu chustunav kada
vasu123 Posted March 2, 2016 Report Posted March 2, 2016 Babulu if I take money through bank transfer in U.S. along with a gift letter for buying a property will that be considered a loan where the person who gave the money can legally claim it later?Reason I ask: Ikkada $$ lo tisukoni India lo Rs. settle chesaka will it be a problem if he/she comes back to claim $$ given in U.S.buying a property annav, idi ekkada buying india or usa? usa lo gift ga dabbulu theesukuntunnava mee friend daggara? daniki edina bank lo notary ala cheyinchalemo letter meeda gift ga istunnattu mee vadu and online transfer lo memo/purpose lo gifting ani pettamanu. aa process/paper work naku kooda cheppu gift documentation ento nuvvu chesaka. One month lo 10k touch ayyela transfer cheyakumanu, first month lo oka 5k and second month lo inko 5k ala transfer cheyamanu
vasu123 Posted March 3, 2016 Report Posted March 3, 2016 TS emayindi va. Gifting money in US ki paper work procedure cheppu ma dosth gadiki kooda same question undi.
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