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What is Clubbing of Income in Taxation Law about?
This document discusses provisions related to clubbing of income under the Income Tax Act of 1961 in India. It provides an overview of Sections 60-61 which discuss situations where income from assets is taxable in the hands of the transferor, even if the assets are transferred. It also summarizes Section 64(1)(ii) regarding including the remuneration received by an individual
- Author
- Sameeksha Kashyap
- Language
- EN