Easy Office
LCI Learning

Income tax and clubbing of income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 April 2014 I am a salaried person if I transfer my salary to my parent bank account whether it will attract any tax liability to my parent and the interest earned on that transfered amount should be added to my income or not ?.
Profile Image

Nikhil Kaushik online

Profile Image

Nikhil Kaushik online (Expert)
28 April 2014 no. there won't be any clubbing in your hand or any tax impact in your hand.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links