Clubbing of Income


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Querist : Anonymous

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Querist : Anonymous (Querist)
06 April 2010 If a son gifts money to his father. then whether the Income from that money will be clubbed and taxed in the hands of the Son.

Please Clarify.

06 April 2010 NO IN THE HANDS OF FATHER.

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 April 2010 Now if the father gifts the money to Sons HUF then income from that money will be will be clubed or will be taxed in the hands of HUF

06 April 2010 IN THE HANDS OF HUF.


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