CAPITAL GAIN

Land is in wife name so wife should show this CG in their return.

WHETHER CLUBBING OF INCOME APPLIES OR NOT.

yes clubbing provision apply because clients  buy a property in  his wife name with your own money.

According to me, clubbing provisions does not apply to this case. since the asset has not been transferred to wife by her husband. Initially it was purchased in wife`s name. and therefore wife only will be taxable in respect of capital gain earned.

ANY MORE REPLIES. 

PLS. HELP ME.