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Clubbing on income

Tax queries 461 views 3 replies

I've a simple question but different forums are giving different answers.

If i gift cash to my wife and she invests in a property. Will the rental income be clubbed with my income? 

Two articles giving different answers

https://indiantaxguide.wordpress.com/category/clubbing-of-income/

https://www.thewealthwisher.com/2012/03/21/clubbing-of-income-income-from-assets-transferred-to-spouse/

Replies (3)
Yes the rental income will be clubbed.
it will be clubbed.

undoubtedly...the rental income will be clubbed...!


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