I loan my wife at 4%, she puts it in fd at 7%

I loan my wife at 4%, she puts it in fd at 7% https://www.taxtmi.com/forum/issue?id=121001 A spouse may be advanced funds through a genuine loan, even at a concessional interest rate, if supported by a written agreement, actual payment of interest, bank trail, and repayment terms. The main tax concern is clubbing of income where funds are transferred to a spouse without adequate consideration and the resulting income is attributed back to the transferor. A below-market loan used for earning deposit income creates a more debatable position than a market-rate loan. en-us Sun, 05 Jul 2026 12:19:26 +0530 Wed, 08 Jul 2026 17:52:11 +0530 TaxTMI RSS Generator I loan my wife at 4%, she puts it in fd at 7% https://www.taxtmi.com/forum/issue?id=121001 A spouse may be advanced funds through a genuine loan, even at a concessional interest rate, if supported by a written agreement, actual payment of interest, bank trail, and repayment terms. The main tax concern is clubbing of income where funds are transferred to a spouse without adequate consideration and the resulting income is attributed back to the transferor. A below-market loan used for earning deposit income creates a more debatable position than a market-rate loan. Discussion-Forum Income Tax Sun, 05 Jul 2026 12:19:26 +0530 https://www.taxtmi.com/forum/issue?id=121001