Clubbing Provisions

  • Transfer of income without transfer of assets
  • When individual is assessable in respect of remuneration of spouse.
  • When an individual is assessable in respect of income from assets transferred to spouse.
  • When an individual is assessable in respect of income from asset transferred to son’s wife.
  • When individual is assessable in respect of income from assets transferred to a person for benefit of spouse
  • When an individual is assessable in respect of income from asset transferred to a person for benefit of son’s wife.
  • Income of minor child when individual is assessable in respect of income of his/her minor child.
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