husband gift paid to wife
This query is : Resolved
debasish mukherjee
(Querist)
04 August 2010
if husband gift to wife in cash/ or cheque or other way.
how to tax obligation. and limit of gift
kindly do reply
how to tax obligation. and limit of gift
kindly do reply
CA Sanat Pyne
(Expert)
04 August 2010
gift received from relative is not taxable.
husband comes under relative.
husband comes under relative.
Murtaza I Bhagat
(Expert)
04 August 2010
agreed, no tax
CA. Pradeep Nayak
(Expert)
04 August 2010
Gift is not taxable. However, income earned thereon, if any will be clubbed with that of the husband.
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