Just a moment...

Top
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID :

Income Tax- Gift

AMIT JAIN, Advocate

Dear Readers

My query is : A husband/wife can make a gift to his/her husband/wife. and is the prose and cones.

Regards

Amit Jain, Adv

Gifts Between Spouses: Income from Transferred Assets May Be Taxed Under Clubbing Provisions A query was raised about the tax implications of a husband or wife gifting assets to their spouse. The response indicated that while such gifts are permissible, any income generated from the transferred assets could be subject to clubbing provisions, meaning it may be taxed as income of the person who made the gift. (AI Summary)
answers
Sort by
+ Add A New Reply
Hide
+ Add A New Reply
Hide
Recent Issues