Gift to spouse

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Mutual Fund Distributor INSURANCE ADVISO
35 Points Posted on 27 September 2014

I have my own residential house building.Now my wife is willing to purchase a Flat (Apartment) from his own fund & loan.She need some help from me ,Could I gift her 5-10 Lacs for this purpose?

Whether My Mother i.e. Mother-in-Law of my wife could gift her?

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On 27 September 2014 at 18:46 Report
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Wealth Manager
5358 Points Posted on 27 September 2014
Yes, you may gift her, and she need not pay any tax on it.
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On 27 September 2014 at 20:45

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