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of <h1>Clubbing of income under Section 64: when transfers to spouse, minor child, or relatives are taxed to the individual</h1> In computing an individual's total income, income arising directly or indirectly to specified close relatives (notably the spouse, minor child and certain relatives by transfer) or to persons/associations from assets transferred otherwise than for adequate consideration is included in that individual's income to the extent it benefits them; rules determine which spouse's return includes such income, when a spouse has a substantial interest in a concern, and allocation where transferred assets are invested. Exceptions cover income from a minor's manual work or skilled activity and income solely from a spouse's professional qualifications; the Assessing Officer has limited discretion after hearing.
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