Clubbing of income for Daughter in law and mother in law
This query is : Resolved
07 June 2025
Hello Sir ,
My wife give gift amount to my mother ( Daughter in law gave gift to mother in law) My mother open FD from that ammount. Will clubbing of income application in this case . Basically for intrest gain from FD , If my Wife need to show that intrest in her income ?
My wife give gift amount to my mother ( Daughter in law gave gift to mother in law) My mother open FD from that ammount. Will clubbing of income application in this case . Basically for intrest gain from FD , If my Wife need to show that intrest in her income ?
08 June 2025
No clubbing of income applicable when gift been received by MIL from DIL. Rather reverse is applicable.
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Mr.Balamurugan Ranganathan16 June 2025
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