{"id":15259,"date":"2021-02-17T16:06:38","date_gmt":"2021-02-17T10:36:38","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vishwas\/transfer-of-money-from-india-to-usa-provision-of-tds-tcs\/"},"modified":"2021-02-18T15:29:08","modified_gmt":"2021-02-18T09:59:08","slug":"transfer-of-money-from-india-to-usa-provision-of-tds-tcs","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/transfer-of-money-from-india-to-usa-provision-of-tds-tcs\/","title":{"rendered":"Transfer of Money from India to USA. Provision of TDS \/ TCS"},"content":{"rendered":"<p>Dear Sir, <\/p>\n<p>A Lady approximately aged 65 expired about 10 days back, she has a daughter who is living in USA. Her husband is living in India with his wife. Now, as he is old, he wants to shift from here to USA and would like to live with her daughter. Smt. A who expired has some fixed deposits in the bank (some in her personal name and some jointly with her husband). She also some property jointly and separately with her husband. Now the daughter and husband wants to encashed FD and also wants to dispose of property and to transfer this money to USA. Whether any TDS \/ TCS on cancellation of FDR and transfer of this money from India to USA will be deducted or collected by the Bank and also tell us the other provision.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Sir, A Lady approximately aged 65 expired about 10 days back, she has a daughter who is living in USA. Her husband is living in India with his wife. Now, as he is old, he wants to shift from here to USA and would like to live with her daughter. Smt. A who expired has some fixed deposits in the bank (some in her personal name and some jointly with her husband). She also some property jointly and separately with her husband. Now the daughter and husband wants to encashed FD and also wants to dispose of property and to transfer this money to USA. Whether any TDS \/ TCS on cancellation of FDR and transfer of this money from India to USA will be deducted or collected by the Bank and also tell us the other provision.<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/transfer-of-money-from-india-to-usa-provision-of-tds-tcs\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[6],"class_list":["post-15259","vishwas","type-vishwas","status-publish","hentry","expertname-dr-k-shivaram-sr-advocate"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas\/15259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/vishwas"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15259"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15259"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15259"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=15259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}