sending money to india

[BrotherBairagi]

family friend okathanu naa bank ki transfer chesthe nenu india transfer cheyocha from my account to family's account in india? tax returns appudu emana extra filing cheyala or anything i am missing? amount is around 50 lacs of inr. 

[JANASENA]

Inflation taravata janala daggara money kooda unda inka India pampadaniki?

[BrotherBairagi]

ayana biziness chestadu uncle. dont know why i am being asked though...thinking he may have reached his transfer limit or something. 

[hydusguy]

19 minutes ago, BrotherBairagi said:

family friend okathanu naa bank ki transfer chesthe nenu india transfer cheyocha from my account to family's account in india? tax returns appudu emana extra filing cheyala or anything i am missing? amount is around 50 lacs of inr. 

dont do whole 50.. just tell i can do 10lacs

[BrotherBairagi]

5 minutes ago, hydusguy said:

dont do whole 50.. just tell i can do 10lacs

so google talli cheppedi entante $10k or more aite banks ee irs ki report chestayanta. so aa cheseppudu emem detail adugutaru like source of tht paisal etc. 10 lacchal ante 12k uncle already above that irs limit.

[hydusguy]

1 minute ago, BrotherBairagi said:

so google talli cheppedi entante $10k or more aite banks ee irs ki report chestayanta. so aa cheseppudu emem detail adugutaru like source of tht paisal etc. 10 lacchal ante 12k uncle already above that irs limit.

below 10k ae cheyyi

[no01]

50 lakhs worth is a big money....60K USD nee account lo deposit aithe chances are your account will be flagged.

and nuvvu India ki online transfer chesthunnav ah money ante sure ga audit padochu. Mee relative di taxed money ah leka black ah? let DB experts reply...but I would avoid if I were you. 

[no01]

google money mule.....concerning answers ey unnai but indulo ichina examples are accepting money from totally stranger person and transfering to unkown person. In your case its your family frnd antunnav, but do u know if that source of money is already taxed? if yes, then may be OK anukunta

[summer27]

dannee mudduga hawala ani kooda antaru..

[BrotherBairagi]

26 minutes ago, no01 said:

google money mule.....concerning answers ey unnai but indulo ichina examples are accepting money from totally stranger person and transfering to unkown person. In your case its your family frnd antunnav, but do u know if that source of money is already taxed? if yes, then may be OK anukunta

adey findout cheyali

[quest]

3 hours ago, BrotherBairagi said:

family friend okathanu naa bank ki transfer chesthe nenu india transfer cheyocha from my account to family's account in india? tax returns appudu emana extra filing cheyala or anything i am missing? amount is around 50 lacs of inr. 

it shouldn't matter usually..

are you a home owner? or planning to buy anytime sooner? If you do not need to buy a home sooner, no issues

if you are going to buy, lender may ask to justify the deposits

--------------

my advice don't get more than 20k deposits from others. 

[BrotherBairagi]

home owner baa. yeah only irs form fill cheytam okate ani thinking unless i am missing something..that too naa india acct lo $10k vundavu whole year

[quest]

3 minutes ago, BrotherBairagi said:

home owner baa. yeah only irs form fill cheytam okate ani thinking unless i am missing something..that too naa india acct lo $10k vundavu whole year

10 - 20k hawaalaa is OK. but don't do it beyond.

[ElDiablo]

Mee "friend" chaala Smart!
Baaga aadthundu!  

[Konebhar6]

4 hours ago, BrotherBairagi said:

family friend okathanu naa bank ki transfer chesthe nenu india transfer cheyocha from my account to family's account in india? tax returns appudu emana extra filing cheyala or anything i am missing? amount is around 50 lacs of inr. 

Looks like that's his black money. You will be in unnecessary trouble. What ever his reason, if he is not doing but asking someone else to do. That itself is a red flag. I would not take risk.