wealth tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 December 2010 under the wealth tax act, is clubbing provision attracted when gold is gifted to son's wife on occasion of marriage?? Asset is included in whose hands?? what if the asset is transferred before marriage to proposed son's wife??
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
18 December 2010 In Wealth Tax Clubbing provisions are Same as of Income Tax Act
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