hello friends
suppose mr x has 1 house prperty in his name , further he purchse 2 property in the name of his wife, his wife HIS WIFE has alredy owned 1 huouse property , further from the property which he purchsed in the name of wife from THAT property she received rent from ABC COM. PVT LTD. for 2nd house that ARE taxable as demeed to be let out .... MY QUESTION IS WHETHER SUCH DLOP IS TAXED IN THE HANDS OF MR.X ( AS PER CLUBBING PROVISION ) OR TAXED IN THE HANDS OF HIS WIFE .... AS NO ACTUAL RECEIPT OF RENT WHETHER CLUBING WILL APPLY OR TAXED IN HANDS OF HIS WIFE
PLEASE PROVIDE YOUR VALUABLE SOLUTION WITH SUPPORTS.
CAclubindia
