Clubbing of Income
- Will any clubbing provision apply in case of transfer of asset to Hindu Undivided Family (HUF) by its member?
- Is minor child’s income clubbed with the income of parent? |How can parent claim TDS deducted on his minor child’s income?
- Can income from assets transferred to any person for the benefit of spouse or for the benefit of son’s wife without adequate consideration be clubbed with the income of transferor?
- Can income from assets transferred to son’s wife without adequate consideration be clubbed with the income of transferor, i.e., father-in-law/mother-in-law?
- Are there any situations in which the clubbing provisions do not apply in case of income from assets transferred to spouse?
- Can income from assets transferred to spouse without adequate consideration be clubbed with the income of transferor-spouse?
- Can remuneration received by spouse of an individual be clubbed with his/her income?
- Do any clubbing provisions exist in case of a revocable transfer?
- Do any clubbing provisions exist in case of transfer of income without transfer of asset?
- What is the meaning of clubbing of income?