As per the provisions of section 64 of the Act, incomes arising directly or indirectly to the spouse receiving the gift from the assets gifted shall be clubbed in the income of the spouse who has gifted for the purpose of levy of income tax.
As per the provisions of section 64 of the Act, incomes arising directly or indirectly to the spouse receiving the gift from the assets gifted shall be clubbed in the income of the spouse who has gifted for the purpose of levy of income tax.
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