Transfer to a major child will be clubbed
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 April 2012
if a father trasfer some income to his major child that income will be clubbed or not
please tell me as soon as
please tell me as soon as
21 April 2012
Hi,
Under section 60 of income tax act, Transfer of Income without transferring the Asset will be clubbed back in the income of the Tranferor Assessee and in the given case it will be clubbed back in the income of father.
Under section 60 of income tax act, Transfer of Income without transferring the Asset will be clubbed back in the income of the Tranferor Assessee and in the given case it will be clubbed back in the income of father.
21 April 2012
Hi,
Under section 60 of income tax act, Transfer of Income without transferring the Asset will be clubbed back in the income of the Tranferor Assessee and in the given case it will be clubbed back in the income of father.
Under section 60 of income tax act, Transfer of Income without transferring the Asset will be clubbed back in the income of the Tranferor Assessee and in the given case it will be clubbed back in the income of father.
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 April 2012
sorry sir u did not solve my query in my query there are a major child who is a major tax saver.
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