Engagement planning, Marriage Planning, Family planning and now Investment & Tax Planning
I have recently married and wish to start investments for my wife. Few questions below....
1. How will she get the first capital?
2. Is it ok Can i transfer my salary income and start investing in her name? will it be tax evading?
Awaiting reply...
Mr.Raj
Before acting on your idea please refer to the provisions of section 64(1)(iv). Because the provisions of the said section goes against your idea.
Best Wishes
Sathikonda
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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Pune
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