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husband gift paid to wife

This query is : Resolved 
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(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
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
04 August 2010 gift received from relative is not taxable.
husband comes under relative.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
04 August 2010 agreed, no tax
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CA. Pradeep Nayak

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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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