clubbing of income
This query is : Resolved
Abhishek r vaishnav
(Querist)
13 November 2009
when husband gives cash gift to his wief and wief purchases some asset, and the income out of the asset is taxable or not?
Guest
Guest
(Expert)
14 November 2009
Income of the spouse is clubed in the hand of husbund..
Rahul Vora
(Expert)
14 November 2009
Income out of the asset is taxable in the hand of husband. But income out of the income that is invested is not taxable in the hands of husband
CA Ravi Sisodia
(Expert)
14 November 2009
Income to be clubbed in hands of husbund..
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