Can remuneration received by spouse of an individual be clubbed with his/her Income CLUBBING OF INCOME IN INCOME TAX ACT– Under certain circumstances as given in section 64(1)(ii) of Income tax law, remuneration /salary received by the spouse of an individual from a concern in which the individual is having substantial interest is clubbed with […]
Tag: Gift Exempt from tax
Article on Gifts Received by an individual or (HUF) Hindu Undivided Family ||Income Tax on Gift Received ||Gift Exempt from tax
Article on Gifts Received by an individual or (HUF) Hindu Undivided Family Income Tax on Gift Received– Taxability on Gifts Received by an individual or HUF is very common and frequent question running in the mind of person. in this Article, you can gain knowledge about various provisions relating to Income taxability of gift received […]