Income tax (provision of clubbing)

Tax queries 586 views 3 replies

we know that income is taxable in tha hand of an assesee if he trasnfers the certain amount without consideration to the spouse of his son.

& we know that Exemption to above case is that amount shud not be transfered before the marriage neither after the divorce

i.e section comes into force when the son & his spouse marriage is in existence......

So Mine Question is that i want to clarify that whether income transfered by an asseesee to the spouse of his son will be taxable in the hands of assesee even if on the date of transfer of such amount the son is no more that is son has died ...will in this case the provision of clubbing will be applicable ???????????????

 
 
Replies (3)

how is it yaar? are u thinking in the booked room? enough

 

 

Dear Dir gopinath ji , i am sorry to say but i wonder ur knowledge is limited to some practiacl cases only........ this is a practical case which i came across n u think im saying through bokked room.

i wonder u have not understood the Q

n Sir its better  if u dont have the solution its better not to reply.......

SIR,

i THINK clubbing prov should not be applied and normally courts take sympathetic view in case of death thus if AO applies the clubbing prov. then i would reccomend u to go to appeal

 

 


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