Section 64 of Income Tax Act, 1961 (Clubbing of Income)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Issue : Does the provision of clubbing apply In a case where husband gives cash as gift to wife? - Reply By Haresh Raithatha - The Reply = Consider FDR as a gift rather than Cash. - Reply By Neekit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... a Jindal - The Reply = As per section 64(1)(iv) , income of individual is to include income of spouse from assets transferred to the spouse without adequate consideration. hence interest on FDR w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ill be clubbed in the hands of husband only. - Section 64 of Income Tax Act, 1961 (Clubbing of Income) - Query Started By: - Haresh Raithatha Dated:- 12-7-2019 Income Tax - Got 2 Replies - Income T .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X