Taxation Consultant & CA final student
504 Points
Posted on 25 May 2014
To provide finance to my Wife & avoid Clubbing
payemnt Mode-Cheque trf
If I Gift Rs 10 lakh to my Fathr in law...& My Fathr in law gift that 10 lakh to my wife....
gift from relative exmpt
But
My wife make fdr with Bank @ 8% is Clubbing apply for interest in my income?? Reply it
thanxx
CAclubindia
