If I gift money to my spouse, who pays tax on the interest, dividends and capital gains?

Read more at:
https://economictimes.indiatimes.com/wealth/tax/if-i-gift-money-to-my-spouse-who-pays-tax-on-the-interest-dividends-and-capital-gains/articleshow/129442537.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Following a news report, I understand that if one spouse gifts money to the other and the recipient invests it in fixed deposits or similar instruments, the interest income is clubbed with the income of the donor spouse. However, if the same gifted amount is invested, the resulting capital gains and dividends are taxed in the hands of the recipient spouse. Kindly clarify.

Umesh Kumar Jethani, Fou…

Read more at:
https://economictimes.indiatimes.com/wealth/tax/if-i-gift-money-to-my-spouse-who-pays-tax-on-the-interest-dividends-and-capital-gains/articleshow/129442537.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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