ilmscore | Prediction Details
"Instead of that, if she invests that money in a PPF, what will happen? Let's understand. Did he gift that money to his wife? Was this inadequate consideration? Yes. Ideally, will that be clubbed up under Chandu's name? Yes, Agrade. So what has happened? She invested that money in PPF. Will she get interested in that? Yes. Will that interest get clubbed up in Chandu's hands? Yes. But interest on PPF is tax free. So, anyway it will be as good as Chandu will not have to pay any tax on that amount."
By CA Rachana Phadke Ranade | October 3, 2025 | Correct
From video
Tax Saving Tips in 2025 | Clubbing of Income Explained | CA Rachana Ranade 00:07:45 - 00:08:14
Interpreted Prediction
Investing in PPF through a spouse (after gifting money) can lead to tax-free interest income, even if clubbed under the primary earner's income, due to PPF's tax-exempt nature.
AI Evaluation Notes
The prediction states that investing in PPF through a spouse (after gifting money) can lead to tax-free interest income, even if clubbed under the primary earner's income, due to PPF's tax-exempt nature. As of 2026-01-02, the interest on PPF remains tax-free under Section 10(11A) of the Income Tax Act, making the prediction accurate.

Prediction Details

Topic
Tax Planning

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