Clubbing of income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2013
taxabilty of amount transfer by son to mother and income from such transfer in which hand taxability. please send my queries answer.
22 November 2013
Mother is covered whithin the defination of realtive u/s 56(2) hence transfer of any amount by son to mother will not arise taxabilty in either hands
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