Clubbing of income

This query is : Resolved 

12 November 2009 If i gift 100000/- to my wife and she will start investing in shares than will Short/long term capital gain taxable in my hand?

12 November 2009 yes this will be your income under clubbing
provision

12 November 2009 start investing in shares - Dividend income should be club in your income.

sale shares - STCG OR LTCG club in your income under same head.




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries