No clubbing of interest-free loan given by ‘Shahrukh Khan’ to - TopicsExpress

No clubbing of interest-free loan given by ‘Shahrukh Khan’ to his wife from whom she had purchased assetsShahrukh Khan gave interest-free loan to his wife, Gauri Khan, who in turn, purchased a residential house and jewellery from said loan amount. The department clubbed the value of loan amount in the net wealth of Shahrukh Khan. Extending cash loan, to wife does not come within the definition oftaxations.kewo.in/no-clubbing-of-interest-free-loan-given-by-shahrukh-khan-to-his-wife-from-whom-she-had-purchased-assets/

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