Treatment..

This query is : Resolved 

28 June 2014 Can a Husband give Interest-Free Loan Rs 10 Lacs to his Wife..If yes, what will the tax treatment ??

28 June 2014 there is no tax impact of such a transaction......

28 June 2014 however I would suggest that you provide some nominal amount as interest...

30 June 2014 husband give intt free loan to wife. but in that case if wife earn income then ito can clubbed that income in your income. so you can charge intt. as you earn in last year.


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