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7 Tax Rules to Know if You Give or Receive CashMarried couples who file their tax returns jointly may also have to file ... against the income you reported. Cash may seem like an untraceable way to give and receive money, but IRS regulations ...
As per Section 269SS, you can not give more than Rs 20,000 cash to your spouse ... amount correctly in the tax return. If the wife has purchased any property (property, FD), then ensure payment of tax ...
Love may be blind, but marriage is a long-term investment strategy with variable returns and significant tax implications.
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