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?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details