Clubbing provision under Wealth Tax Act

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..... Dear Sir/Madam, I have doubt in the following issue, plz guide/suggest me on this issues: Issue-1: If a Mother transfer/gift some wealth (Jewellery) to his major married son, can the said trf clu .....

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..... bbed in the hand of mother for wealth tax purpose or it is valued in the hand of son's Is gift deed required for the said transfer. Issue-2: - Reply By Sanjeet Kumar - The Reply = Dear .....

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..... Sir, As per the Section 4(ii) of wealth Tax Act , the world minor son is used for clubbing provision. So in my opion there is no clubbing if wealth is transferred to Major son. He is the liable .....

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..... to pay wealth tax on the same i.e. major son. Provision for your reference: - Clubbing provision under Wealth Tax Act - Query Started By: - Vikas Aggarwal Dated:- 10-8-2013 Other Topics - Got 1 .....

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..... Reply - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxT .....

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..... MI - TMITax .....

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