Taxability of dividend income from transfer of share without consideration

This query is : Resolved 

27 June 2022 I am a share holder in private company. During the year i have transfer some shares to my wife with out any consideration. During the year my wife have received dividend income from that company as based on shares transfer by me. In this situation the dividend is taxable in the hands of my wife or me. Any clubbing provision appeared in this senario?

27 June 2022 Yes, clubbing provisions applicable in this case.

27 June 2022 In case of LlP i have transfer my investment to wife name. Is these case, when receiving of interest on capital clubbing provision applicable?


27 June 2022 Yes clubbing provisions applicable on this also.



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