Clubbing of income rules require inclusion of spouse, minor child, and transferred-asset income in an individual's total income. Income of an individual is required to include income arising directly or indirectly to the spouse, son's wife, minor child, or other person from assets transferred without adequate consideration or in connection with arrangements covered by the provision. The rule applies to spouse's remuneration from a concern in which the individual has substantial interest, to income from transferred assets, and to income of a minor child, subject to exclusions for personal work, specialised skill, and disability.
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.
Clubbing of income rules require inclusion of spouse, minor child, and transferred-asset income in an individual's total income.
Income of an individual is required to include income arising directly or indirectly to the spouse, son's wife, minor child, or other person from assets transferred without adequate consideration or in connection with arrangements covered by the provision. The rule applies to spouse's remuneration from a concern in which the individual has substantial interest, to income from transferred assets, and to income of a minor child, subject to exclusions for personal work, specialised skill, and disability.
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