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An NRI (A) decides to donate/gift some money to an Indian citizen (B) residing in India. Currently the money is in an NRO account (of A) in India and A would transfer the money to a savings account of B. Depending on the amount of money, do A and/or B need to submit any paperwork to the Income Tax department of India?

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  • By donation do you mean gift? – jcm Dec 3 at 11:30
  • Yes, you can consider it a gift. – PTDS Dec 3 at 14:28

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