Clubbing of income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 November 2013 Dear all,

I have a query regarding clubbing of income. Suppose a father gifts some shares to his minor son and the son after attaining majority sell those shares. Will the clubbing provisions apply in case of capital gains from sale of such shares?
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
23 November 2013 the ans is no.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

budget 26-27


Answer Query



Quick Links



Browse by Category