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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 February 2015
SIR,
ONE OF MY CLIENT SOLD HIS PROPERTY TO HIS SPOUSE WITH OUT ADEQUATE CONSIDERATION WAHT ARE THE CLUBBING PROVISIONS...
Thnxin adv..
ONE OF MY CLIENT SOLD HIS PROPERTY TO HIS SPOUSE WITH OUT ADEQUATE CONSIDERATION WAHT ARE THE CLUBBING PROVISIONS...
Thnxin adv..
20 February 2015
just read the provisions of section 60 -64 of the income tax act.
in brief, i tell you that the Property remains with the husband if they are not living apart
in brief, i tell you that the Property remains with the husband if they are not living apart
Rupesh Jain
(Expert)
20 February 2015
it consider as gift and income if any taxable in hand of husband.
20 February 2015
taxable in hands of husband as said above.
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