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Gift from husband to wife or a from son to mother

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2012 Hallo,

I want to just clarify what is the possision under Gift Tax rule that if a Husband give a gift to wife Or a Gift from Son to his mother.Pl also mentioned what is tax free limit and if it's taxable what will be tax treatment ???
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
06 September 2012 Its Totally Tax Free Gift Transfer.

But Clubbing Rules apllies in Case of Husband to Wife.

Not Applies in Case of Son to Mother.
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SANYAM ARORA

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SANYAM ARORA (Expert)
06 September 2012 Yes it will be exempt from Income Tax.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
07 October 2021 To avoid clubbing provision, better take gift from Son, There is no cap over the gift amount, but make a gift deed.

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