Can Husband give Marriage gift to Wife?

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Shruti Jain (Querist)
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10 March 2010 Hi All,
Can a husband give a marriage gift to wife on occasion of their marriage in form of cash/cheque?

If yes, till what amount and if no, then what other forms are allowed?

Thanks in advance

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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10 March 2010 Dear Shruti,

A husband can give marriage gift to wife in cash, cheque or kind. It will not be taxable. Even gift received from others on occasion of marraige is not taxable.

Regards.

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