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Can I Gift Money To My Wife? [Solved]
However, in case of cash gift from husband, there is no such limit on how much cash can be gifted without tax implications. In other words, a man can gift any amount to his wife without any tax implication. “In normal circumstances, cash gifts upto Rs. 50,000 are not subject to tax in the hands of recipient.8 Mar 2022
Income Tax On gift Money | How much money is tax free in gift | Section 56 of income tax act 2022
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