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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Clubbing of income: revocable transfers taxed as transferor's income unless irrevocable and no benefit arises.</h1> Clause 97 provides that income from a revocable transfer of assets is taxable as the transferor's income and included in his total income, subject to exceptions where the transfer is irrevocable during the beneficiary's or transferee's lifetime and the transferor derives no direct or indirect benefit; however, when the power to revoke arises, such income is chargeable to tax as the transferor's income and must then be included in his total income.

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