Cash Transaction to Spouse
RAVINDRA GANGADHAR DEVALE (TAX PRACTITIONER) (292 Points)
14 September 2024
Can I give ra 50000 in cash to my wife ?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182247 Points)
Replied 15 September 2024
Unless purpose of the transaction is not specified, it cannot be clarified.
In general, if it is given for the household expenses, then no problem; you can give it.
sabyasachi mukherjee
(27603 Points)
Replied 16 September 2024
Cash transaction to spouse only 50000 as gift. no taxable
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