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Cash gift to spouse

Tax queries 263 views 3 replies

is there any limit of gifting cash to spouse. gift deed is necessary or not?

... please advise

 

Replies (3)

No limit as such if gifted through any banking channels......... Gift deed necessary........... BUT clubbing provision will be applicable........

yes, no limit to give gift to relative whether through cash or bank, as said above clubbing provisions will apply

BETTER, THROUGH CHEQUE ,CLUBBING  SECTION  THERE


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