Question And Answer
Subject: Clarification about money sending from India and filing of ITR by a Resident but living outside India.
Querist: Suresh Goyal
Answered by:
Tags: , ,
Date: January 11, 2023
Query asked by Suresh Goyal
  1. How much money father living in India send / gift to his daughter living in UK. What is the amount limit per Financial Year and what are the rules under Income Tax Act / RBI permission / intimation and under FERA etc
  2. A person is resident in India but living in London. As on date, he does not have any income in India. Whether he has to file his return in India mentioning Nil income or exempted from filing ITR as he does not have any income. Secondly, whether he has to give the details of assets in India and Outside India.

Please clarify as early as possible.

Thanking You,

Yours Sincerely,

CA S.K. Goyal


File Uploaded: Not Available

1. There is no limit on sending money to a daughter living abroad under the Income-tax Act, 1961. As per the Liberalized Remittance Scheme of the RBI, $ 2,50,000/- per year can be sent without the prior approval of the RBI.

2. As per the facts mentioned, it appears that the person need not file their return of income. However, if he is earning income abroad and are a resident of India, he should file his return of Income.

Disclaimer: This article is only for general information and is not intended to provide legal advice. Readers desiring legal advice should consult with an experienced professional to understand the current law and how it may apply to the facts of their case. Neither the author nor and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this article nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of

Leave a Reply

Your email address will not be published. Required fields are marked *