TMI BlogClubbing provision under Wealth Tax ActX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir/Madam, Issue No-2: If a major married son transfer some wealth (Jewellery) to his father, acn it is clubbed in the hand of Son or value in the hand of father for Wealth tax purpose. Can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gift deed required for same transfer. Issue No-3: If member of HUF gift (through gift deed) some wealth (Jewellery) to HUF, is this tranfer clubbed in the hand of member or HUF. Thanks regards ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , CA Vikas Aggarwal - Reply By CA GOPALJI AGRAWAL - The Reply = Issue 2- It would be taxable in the hands of Father. Issue 3- The wealth would be taxable in the hands of member. - Clubbing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... provision under Wealth Tax Act - Query Started By: - Vikas Aggarwal Dated:- 10-8-2013 Other Topics - Got 1 Reply - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, perso ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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