Gift

This query is : Resolved 

23 October 2016 Hello All
I want to know whether a husband can give gift to his wife . If yes how much?
If wife is a housewife and if wife is earning.
My client has deposited amount of cash around 18lac in her wife account
My question is this what income i should show of her wife?
Pl advise. Urgent

24 October 2016 Husband can gift ANY amount to his wife.
The source of CASH may be questioned... You need to be ready with the explanation of source of such a big amount of CASH

24 October 2016 Sir
Which income should I show so that the we can avoid notice.
Regards

24 October 2016 where the money has come from? You can show that source.....is it not?

24 October 2016 It is a money recd from husband but he cannot prove it. Now what to do?

24 October 2016 oh...you lost a very wonderful opportunity of IDS. This scheme got ended on 30/09/2016.....Now you can wait for the next one.....


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