Spartan Posted July 13, 2023 Report Posted July 13, 2023 12 hours ago, rushmore said: Thanks for clarifying! Can you further elaborate with these two scenarios as example? scenario 1: An Indian resident sending money from his personal account to abroad for purposes other than education & medicine, should he pay TCS? If sending for education or medicine, how should one prove that it's being sent for intended purposes?! scenario 2: If an Indian resident got money in his personal account say Rs 8,30,000($10,000) sent from the US. Can he/she send that money back to the US to a different person without having to pay TCS? scenario 2 lo tax kattali scenario 1 lo you will get the fee reciepts right Quote
Guest Posted July 13, 2023 Report Posted July 13, 2023 52 minutes ago, Spartan said: scenario 2 lo tax kattali scenario 1 lo you will get the fee reciepts right Yes! but need to see the definition of "medical expenses" in the Indian Income Tax Act. If things such as Physiotherapy are covered or not but related to diagnosing a disease. Quote
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