Husband gifts to wife

Dear Sir, Husband gifts Rs 10 lac to his wife, wife will pay tax on this amount, pls.
Replies (4)
Quick Summary
This discussion clarifies whether a husband gifting Rs 10 lakh to his wife incurs tax liability. The consensus is that such gifts are exempt from income tax. A follow-up question arises regarding the need for legal documentation or stamping for the gift.

No... This gift exempt as per income tax.
Not taxable
Thanks 👍 Mr. Raja PM
But does the husband here need to show it as drawings and get it stamped on a legal paper or something?

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