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Place of receipt of an income in case of electronic transfer.

(Querist) 02 May 2012 This query is : Resolved 
In case of electronic transfer (NEFT) to a party situated at a place out side india from india, what is the place of "Receipt"??
Has the income been received in India or Out side India ??
adv. rajeev ( rajoo ) (Expert) 02 May 2012
It is out side india.
Shonee Kapoor (Expert) 02 May 2012
Outside India.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com
Guest (Expert) 02 May 2012
Electronic transfer merely denotes remittance, not receipt. Receipt happens when the funds appear in the account of the payee and that too at the place where the account stands. So, both the experts are correct in their observation.
Shailesh Kr. Shah (Expert) 02 May 2012
As per my best information, NEFT option is available in only inside INDIA. if i am wrong, anyone correct me. Thanks in advance.
Guest (Expert) 10 December 2014
Well Advised Already
Anirudh (Expert) 10 December 2014
SHAME ON THIS FELLOW TO ATTEND THIS TWO YEAR OLD QUERY.

HE IS TRYING ALL THESE GIMMICS TO HIDE HIS FALSE AND FRADULENT PROFILE.

This fellow cannot even be a last person one can consult for any advice.

This fellow is good for nothing. Many a times he gives advices which are not supported by law.

TAKE THIS FELLOWS FALSITY IN HIS PROFILE. THIS FELLOW ATTACHES MORE IMPORTANCE TO THE PROFILE, WHILE HE IS FILLING UP TOTAL FALSE HOOD IN HIS PROFILE.

please visit the following link:

http://www.lawyersclubindia.com/lawyers_search/N-J-S-Rajkumar-alias-narasimha-254519.asp#.VIcRwmeHPFx

where he claims that he is practising from 2001, while as already indicated by me, he was enrolled only in the year 2012!!! CAN ANYBODY PRACTICE BEFORE ENROLMENT? IF ONE DOES SUCH A PRACTICE IS HE NOT FIT TO BE CALLED A "FRAUD"?

N.J.S.Rajkumar alias narasimha's Details
Listed Under
Business Law
Civil Law
Criminal Law
Practicing Since
2001
Specialization
SEBI and SEBI RELATED CASES
Court
Others
Address
54,PARASURAMA EASWARAN KOIL WEST MADA STREET,AYANAVARAM,CHENNAI 600023
Other Details
rajkumar_wins@rediffmail.com 9444036927

Therefore, before taking advice, the querist should be too careful


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