If money is transfered from husbands account to wife’s account, does it become her income ie does she have to pay incometax on that? what if that money is invested by her ?

Hi Guys,

WISH YOU ALL A VERY HAPPY NEW YEAR!

Its been long since i visited the forum, but now that i have settled  down, lets start learning again.PLease resolve my query.

Regards,

Avinash