04 August 2016
dear members,
A plot of land allotted to husband in 1991 was gifted to wife in 2009 and now wife has sold the plot and clubbing provisions apply. the query is in whose name bonds of 54EC will be purchased husband or wife ?
05 August 2016
about 54EC bonds since clubbing says it will be in name of transferor but wife is reciepient of money. So whether we purchase in name of husband (transferor) or wife ?
CAclubindia
