Husband gifts to wife
Tapas Samadder (538 Points)
16 December 2023
Dear Sir, Husband gifts Rs 10 lac to his wife, wife will pay tax on this amount, pls.
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 17 December 2023
No... This gift exempt as per income tax.
Sparsh Gupta
(24 Points)
Replied 22 December 2023
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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