Spouse Taxation

Hi, I am homemaker have sold the property in dec 2016 and transferred half of the funds to my husband account. I wanted to check if that becomes a taxable income for my husband or it will be treated as a gift? Please advise.

Thanks, Shukla

asked Jul 21 '17 at 14:07 by Shukla 11

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Asked: Jul 21 '17 at 14:07

Seen: 1,979 times

Last updated: Jul 21 '17 at 14:07