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Gift tax

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(Querist)
28 May 2020 how much money can husband transfer to wife as gift by way cheque
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 May 2020 No limit to the extent of proven sources.
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
28 May 2020 Gift between relatives is tax exempt, provided the transfer is in the nature of gift.



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swasti

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swasti (Expert)
29 May 2020 But it has to be remembered that income, if any, from that amount would be clubbed in hands of husband.

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