Will the income from gift money (from my father) to wife be clubbed with mine

Sajal Agarwal (1 Points)

17 July 2019  

Hi,

I have this situation, my father wants to gift some money to my wife. My wife is not working. So my question is if she creates an FD with the gift money, the income earned in the form of interest from the FD will be clubbed with my income or not?

Thank you.