Asset Transferred to Son’s wife.

Last updated at August 14, 2026 by

If it is done for inadequate consideration, then clubbing is applicable and Income is taxable in the hands of transferor

 

Asset Transferred to Son’s wife. - Different types of Clubbing

 

 

 

Asset Transferred Used for Business by Transferee

Proportionate Income arising from business will be treated as total income of transferor

Proportionate Investment=Value of Asset Transferred/Total Investment 

as on first day of previous year

(Same Provisions as  Asset transferred to spouse )

 

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