Easy Office
LCI Learning

Treatment..

This query is : Resolved 

28 June 2014 Can a Husband give Interest-Free Loan Rs 10 Lacs to his Wife..If yes, what will the tax treatment ??

28 June 2014 there is no tax impact of such a transaction......

28 June 2014 however I would suggest that you provide some nominal amount as interest...


30 June 2014 husband give intt free loan to wife. but in that case if wife earn income then ito can clubbed that income in your income. so you can charge intt. as you earn in last year.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query