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Ram (retired officer)     16 June 2014

Nri

Sir

my friend has sold some property in india. he wants to transfer the sale proceeds of the property

now in his saving account to his son who is an NRI  from USA.

how can he do this?

is there any limit of the funds he can transfr to his son in USA?

will this attract any income tax for my friend in india r in US for  the beneficiary  son?



Learning

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