If A transfers 10000 Rs. to his Brothers wife and she invests it and B transfers 10000 to A's wife . then the income from investment as interest will be clubbed in whose hands -A or B ? Plz Help Me with the Prov.
Thank u
Abhay (1) (123 Points)
29 October 2009If A transfers 10000 Rs. to his Brothers wife and she invests it and B transfers 10000 to A's wife . then the income from investment as interest will be clubbed in whose hands -A or B ? Plz Help Me with the Prov.
Thank u
CA MOHIT GUPTA
(PRACTICE)
(49 Points)
Replied 29 October 2009
Dear Abhay,
Please Clarify your query...
Who is B?
A's brother or smone else
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