CLUBBING OF INCOME
This query is : Resolved
25 January 2011
IF MOTHER GIVES GIFT TO HIS SON FROM HER CAPITAL THEN GIFT TAX AND CLUBBING OF INCOME RULE APPLY OR NOT. PLEASE REPLY.
THANK YOU
THANK YOU
25 January 2011
Gift Tax Withdrwan.........
and if any income from that gift then clubbing provisions will apply
and if any income from that gift then clubbing provisions will apply
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