Clubb ??
This query is : Resolved
29 July 2010
mR. A PURCHASE HOUSE PROPERTY IN THE NAME OF MRS. A
RENTAL INCOME RS. 1 LACS
IN WHOES INCOME IS THAT TAXABILE MR. A OR MRS. A ?
WHY CLUBBING IS NOT DONE, IF NOT ?
RENTAL INCOME RS. 1 LACS
IN WHOES INCOME IS THAT TAXABILE MR. A OR MRS. A ?
WHY CLUBBING IS NOT DONE, IF NOT ?
30 July 2010
the tranfer is not revocable
than how it will be clubbbed in the hand of mr. A
please explain in detail
than how it will be clubbbed in the hand of mr. A
please explain in detail
30 July 2010
as per section 64(1)(iv) when assets are transferred to spouse for indequate consideration it would be clubbed
tat revocable transfer is only for other ppl.. (other than spouse and son's wife)
tat revocable transfer is only for other ppl.. (other than spouse and son's wife)
31 July 2010
Sir,
Asset has not been tranfered
as it has been purchased only in the name of MRS. A
Asset has not been tranfered
as it has been purchased only in the name of MRS. A
31 July 2010
ya the asset transferred is cash here... he has given it for inadequate consideration
02 August 2010
but my CA has not done clubbing.
, i want to clear again , NO TRANFER ,
Asset has been purchased in the name of MRS> A
, i want to clear again , NO TRANFER ,
Asset has been purchased in the name of MRS> A
02 August 2010
Just ask your CA that Mrs. A is still living with Mr. A hence clubbing provisions would be applicable.
Mr. Srinath has already given a good dicussion on the problem.
The problem is that your CA is not aware of the law.
(Note : This may be the result of his poor/burdensome articleship training while pursuing CA ).
Appoint another good CA in place of him.
Otherwise more blunder he will do for you in future. Presently also he is doing ........the same job.....
Mr. Srinath has already given a good dicussion on the problem.
The problem is that your CA is not aware of the law.
(Note : This may be the result of his poor/burdensome articleship training while pursuing CA ).
Appoint another good CA in place of him.
Otherwise more blunder he will do for you in future. Presently also he is doing ........the same job.....
03 August 2010
sir,
suppose Mrs. A has Rs. 5 lacs in bank and
Mrs. A purchase a land of Rs. 5 lacs, Mrs. a is housewife and does.nt have any techinal or proff. knowlegge
Mr. A is business man
than will there be clubbing ?
suppose Mrs. A has Rs. 5 lacs in bank and
Mrs. A purchase a land of Rs. 5 lacs, Mrs. a is housewife and does.nt have any techinal or proff. knowlegge
Mr. A is business man
than will there be clubbing ?
03 August 2010
Rs. 5 lakh is not a income therefour not clubbed. land purchase is also not clubb becouse it is not a income. if any interst earn by the Mrs.A is also not clubb.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
