5 replies on this article “Does Gifting money to wife comes under clubbing of income ?”

1. dkkatariya says:

   January 16, 2014 at 10:44 am

   Dear Ashul

   Thanks a lot

   Best Regards
   D.K.Katariya

   Reply
2. ashalanshu says:

   January 15, 2014 at 9:40 pm

   Dear DKKatariya, as the investment is done in PPF, the question of taxation does not arise.

   Thanks

   Ashal

   Reply
3. dkkatariya says:

   January 15, 2014 at 2:09 pm

   Thanks
   Dear Ashul

   Please clarify for example if I deposit 1 lakh in my ppf account & 1 lakh to my wife ppf account, from my saving account is any tax liability occur in my account.

   Best Regards
   DKKatariya

   Reply
4. ashalanshu says:

   January 13, 2014 at 10:16 pm

   Dear DKKatariya, if the gifted amount is invested in PPF, the income from PPF ‘ll be clubbed with you but remain tax free for you being taxfree.

   Thanks

   Ashal

   Reply
5. swapnil.kendhe100 says:

   January 13, 2014 at 9:15 pm

   Dear DK,

   This link might be useful to you.
   https://www.jagoinvestor.com/forum/can-tax-be-saved-if-invested-in-the-name-of-non-earning-spouse

   Thanks,
   Swapnil

   Reply

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