Please Help: LRS
Posted Date : 20-Apr-2019 , 01:04:32 pm | Posted By: C.A.RATNESH MAHAJAN
Category :
FEMA | Answers :
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UNDER LRS one can send the money up to 2.50 lac $ . can we send the amount from our account as well as from my sons a/c by transfering the money from my account |
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| Posted By : Pooja Gupta |
28-May-2019, 05:08:13 |
| Hi
LRS provides the limit upto $250000.
Clubbing provisions are not allowed for Capital Account transaction.
If it is other than capital account transaction then limit can be clubbed.
Thanks
CA Pooja Gupta
9811214525 |
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