CS Executive Practice Test: Clubbing of Incomes — Flashcards | CS Executive | FatSkills

CS Executive Practice Test: Clubbing of Incomes — Flashcards

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Shyam transferred 2,000 shares of X Ltd. to Ms. Babita without any consideration. Later, Shyam and Ms. Babita got married to each other. The dividend income from the shares transferred would be
Never taxable in the hands of Shyam [June 2015]
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