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Clubbing of income (Sec 60- 64 of the Income Tax Act) GLOSSARY The key words in the chapter are explained below: Transferor- The person who transfers any of his belongings,…

1. C l u b b i n g o f i n c o m e (Sec 60- 65 of the Income Tax Act) 2. Introduction Generally only assessee’s income is charged to tax. To lighten their tax burden, transfer…

Clubbing of income (Sec 60- 65 of the Income Tax Act) Introduction • Generally only assessee’s income is charged to tax. • To lighten their tax burden, transfer huge…

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Mixmag- Clubbing Magazine Mixmag- Clubbing Magazine Front Cover This magazine cover is very simple. It has a plain white background with a pair of headphones in the centre…

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1. CLUBBING OF INCOME 2. What is clubbing of income?  Generally an assessee is taxed in respect of his own income. But sometimes in some exceptional circumstances this…