Hi

thanks in anticipation for looking into my question.
i am in u.s since last 7years. during this period i have transferred around 300k USD to my mother through money2india icici bank. i had selected ” family maintenance” for all those transfers in money2india icicibak web site. my mother used that money for her personal purpose. now she is ready to return that money to me. so what would be the procedure to get this money back to my u.s bank account? are there any tax implications in this transfer?

Regards
Gopal


Admin’s Response:

There are no tax implications since there is no income. Only your money is being returned back to you. You may get it probably through the same banking channel with which you transferred in the past.