| Question And Answer | |
|---|---|
| Subject: | Provision of Sec 56(2) x |
| Category: | Income-Tax |
| Querist: | Ravi Bedi |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | section 56(2)(x) |
| Date: | July 15, 2024 |
Action Taken
– 30 lacs invested from joint acct in Sr citizen saving scheme for wife in Jan 24 from PF recd by husband .
– interest accruing reflected in wife’s AIS
— Question
– Can the amount of 30 lacs be gifted to his house wife .
– Is this in order ie interest reflected in wife’s acct is the interest
– Should the interest accrued be reflected in wife’s return
– If yes IT provision pl
Thanks
Reply of the Expert is awaited. Please check back later
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