Gift to wife
This query is : Resolved
25 February 2015
I have gifted Rs. 100000 to my wife on 01/04/2014. Please let me know the interest income of Rs. 12000 will be taxable in the hands of my wife or will be clubbed u/s 64(1) in my income?
25 February 2015
The interest income will be clubbed u/s 64(1) with your income.
25 February 2015
it will be clubbed in your income...........
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Interest on Late of Payment of Liablity
- Can the Developer ask for such unreasonable transfer charges without any basis
- GENERATE E-INOICE IF TURNOVER EXCEED 5 CR FROM YODAY
- Fixed asset entry in tally
- Revised ITR after IT refund
- Response to outstanding demand and adequate TDS already deducted
- Taxability in hand of employee
- Updated return invalid tax paid status
- TDS 194IB FY 2025-2026
- Succession act
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
