https://www.taxtmi.com/article/detailed?id=15032 Clubbing provisions require that capital gains from assets transferred to a spouse without adequate consideration be included in the transferor's income, so a registered gift deed and the transferee's legal ownership cannot defeat the statutory clubbing rule; therefore, where a husband gifted land to his wife and she sold it, the capital gains are taxable in the husband's hands because the transfer lacked adequate consideration and falls within the anti-avoidance scope of the clubbing regime. en-us Tue, 02 Sep 2025 08:01:46 +0530 Tue, 02 Sep 2025 08:01:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15032 Clubbing provisions require that capital gains from assets transferred to a spouse without adequate consideration be included in the transferor's income, so a registered gift deed and the transferee's legal ownership cannot defeat the statutory clubbing rule; therefore, where a husband gifted land to his wife and she sold it, the capital gains are taxable in the husband's hands because the transfer lacked adequate consideration and falls within the anti-avoidance scope of the clubbing regime. Articles Income Tax Tue, 02 Sep 2025 08:01:46 +0530 https://www.taxtmi.com/article/detailed?id=15032