Hi,

I have come to US recently. Still I haven't got my Social Security Number in US. And without having SSN I can't register at Money2India/Remitt2India. That's why I need to deposit at the US bank account of one of my colleague who has SSN already and is registered with the services.

My question is if I send money through his US account to my Indian account, will I have to pay tax in India on that amount sent to India? In my Indian account it will show that "NEFT-M2Axxxxxxxx-Name of the Person".

Please help me in this regard...

Apurba

Apurba:

This is really an INDIAN tax question.

This forum addresses U.S. tax issues.

Quote:

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Originally Posted by ASARKAR

Hi,

I have come to US recently. Still I haven't got my Social Security Number in US. And without having SSN I can't register at Money2India/Remitt2India. That's why I need to deposit at the US bank account of one of my colleague who has SSN number already and is registered with the services.

My question is if I send money through his US account to my Indian account, will I have to pay tax in India on that amount sent to India? In my Indian account it will show that "NEFT-M2Axxxxxxxx-Name of the Person".

Please help me in this regard...

Apurba

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Normally, if you are resident of India, you must file tax return and report your world wide income in India.
The Money2India/Remit2India company can provide you more details as they deal with such cases every day.