gift to
madan dhirajlal kansara (proprietor) (107 Points)
01 August 2018
my salary is 14lakh can i gift to my spouce 2lakh as gift ....can i gate any exemption.
4 Replies
VENU R Prabhu
(311 Points)
Replied 01 August 2018
no exemption. u can gift. if that gift is FD etc interest of that amount is your income also in future years
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 01 August 2018
No... No more exemption for the gift paid by You...
It's exempted In the hands of Spouse..
It's exempted In the hands of Spouse..
VENU R Prabhu
(311 Points)
Replied 01 August 2018
Don't gift as cash. only through electronic means u gift. no exemption to u
madan dhirajlal kansara
(proprietor)
(107 Points)
Replied 01 August 2018
NO MY QUESTION WAS THAT TAXABLITY IN MY HANDS
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