Hi
Suppose if I gift/ loan some money to my wife and if she uses that money for Shares Investment / Shares trading / Commodity trading, will the profit be taxed on my wife's hands or mine?
I feel this would be in my wife's hands? Wanted to get clarification from experts.
Thanks
Srinivas
Triveni Turbine Limited
Bengaluru
CA
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Shaswat initial support private limited
Ahmedabad
CS
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
