Can wife give a loan of rs. 250000/- in cash to her husband

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27 September 2013 can a wife give a loan of rs. 250000/- in cash to her husband also tell legal procedure
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
27 September 2013 if cash loan is given exceeding 20,000 thenn sec 269SS will get attracted so give 20,000 by cash and 5,000 by cheque.
no need for any formality but should be clearly reflected in both books of accounts.
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