If I gift shares to my wife, the dividend income from such shares will be taxable for whom?

If i gift shares to my wife, the dividend income from such shares will be taxable for whom?

Replies (1)

If you gift shares to your wife, the dividend income and any capital gains from those shares will be added to your total income and taxed according to your applicable income tax slab, not hers.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Follow