23 February 2019
If husband gift/transfer a property/land to his wife and than his wife sell this property nd acquire sales consideration in her bank a/c further she gives this amount to her husband as a loan.
queries. 1. capital gain taxable in hands of wife or husband. 2. can wife give sales consideration o husband as loan or gift or both. 3. if loan than interest given by husband to his wife clubbed or taxable in hands of wife.
CAclubindia
