Can income from assets transferred to son’s wife without adequate consideration be clubbed with the income of transferor, i.e., father-in-law/mother-in-law?

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... - Frequently Asked Questions (FAQs)<br>Income Tax<br>Ans. As per section 64(1)(vi), if an individual transfers (directly or indirectly) his/her asset to his/ her son&#39;s wife otherwise than for ade....