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clubbing provision

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(Querist)
25 March 2010 If a husband transfer a house to his spouse without onsideration.And the spouse sell the house..

thn clubbing provision is applicable.

Bt he trnasfer the house under gift deed thn is it possible to apply clubbing provision????
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 March 2010 As per my understanding section 64(1)(iv) applies.
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CA Keyur Shah

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CA Keyur Shah (Querist)
25 March 2010 so this tax planning is not possible. thanks you sir
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Abuzar Azmi

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Abuzar Azmi (Expert)
25 March 2010 YAA
It,s not possible.

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