transfer
Mitali Jain (127 Points)
25 February 2018
what are the circumstances under which the asset transferred to a spouse is not included in the wealth of tranfrer spouse
7 Replies
Medhaj Madhavan
(Student)
(108 Points)
Replied 25 February 2018
Any gift to a spouse is not taxable. Since a spouse is included in the definition of a relative, such transfer of property will not come in the transferred taxable income.
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