Gifts and clubbing of income

To regulate transfer of income from one person to another to avoid tax payment or to avoid higher rate of tax

What if it was a genuine gift transfered?

Are you able to prove the same to the authorities?  normally those adament persons (AO) will not accept your views and points they used to struck with their views. though gift received from relatives is not taxable and the property was purchased from that money and the action was genuinely happened they will not accept it they will follow only the act or rules.  

So if it is a genuine gift transfered to wife, still the income from the same is taxable in the hands of the husband?

clubbing provision's are attracted at the time of scrutiny, so if you aren't scrutinized, continue playing it. :p

can you give example of genuine gift transfer Ashwini?

genuine gift? what's genuine gift? what's the necessity to gift to your wife except for the reasons to divert the taxability of income?
and Mr. s m Raja, if a person goes by acts and rules framed by the legislature, it seems to be adamant for you? being an assessee's representative have you attended all hearings and submitted all the requisite documents vide statutory notices within the stipulated time?
it's always easy to blame others

Well said Mr. Rama Krishnan. 👏👏👏👏

thanks nitesh bro, at least you understand the gravity of the issues and Mr. s m Raja, sorry and don't take it personal pls