clubbing of income
This query is : Resolved
13 November 2009
when husband gives cash gift to his wief and wief purchases some asset, and the income out of the asset is taxable or not?
Guest
Guest
(Expert)
14 November 2009
Income of the spouse is clubed in the hand of husbund..
14 November 2009
Income out of the asset is taxable in the hand of husband. But income out of the income that is invested is not taxable in the hands of husband
14 November 2009
Income to be clubbed in hands of husbund..
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