| <img border=0 src="http://shivnath.c.googlepages.com/Google.JPG"/>Receiving money as gift is not taxable - Hindu Business Line Posted: 22 Oct 2011 08:14 AM PDT 
Hindu Business Line |
Receiving money as gift is not taxableHindu Business LineSo, in effect, I earned a profit of $140 which has to be offered to tax. However, since the proceeds were received in Indian rupees - if I were to calculate the capital gains in rupee based on the exchange rate on the date of the vesting and receipt of ...and more » |
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