Clubbing provisions
This query is : Resolved
04 October 2013
If husband gives cash gift to wife, then clubbing provisions are applicable. Now if the husband gives this money as gift to his son and son to his mother, will there be any clubbing provisions applicable ? or would there be any other complications to arise as such?
CMA Ramesh Krishnan
(Expert)
17 October 2013
Clubbing provision not apply for the gift between the family relation it is allowable under act
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