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Jasbir Pundir   03 August 2021

Jasbir

can I take some amount as gift from my Wife and it's tax-free, for me if amount comes from insurance company as surrender


 2 Replies

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     03 August 2021

Yes, gift from wife is not taxable in the hands of husband

Nidhi

Nidhi (Chief Accountant)     04 August 2021

Yes, you can..
Gift from wife to husband and husband to wife is tax free..

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