Easy Office
LCI Learning

Gift of fund

This query is : Resolved 

18 November 2012 Respected Experts
If an assessee transfer some of his income to his father & to his spouse & transferees have invested such amount & also earned smee Interest then such Interest income will be taxable under whose hand - to that assessee or in the hands of such transferee
thanks
Debashis Mandal

18 November 2012 Taxable for Father & his spouse under the head Income from other sources

09 October 2021 Interest income Spouse income will be clubbed in the the hands of transferee.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query