Clubbing of income to son's wife from transferred assets applies only to income traceable to the asset and proportional business income.

Income arising directly or indirectly to an individual's son's wife from assets transferred by the individual on or after 1 June 1973, otherwise than for adequate consideration, is included in the individual's total income. The rule applies where the transfer is by an individual, the recipient is the son's wife, the asset is transferred without adequate consideration, and the income is traceable to the transferred asset. In business or firm situations, only the proportion of income attributable to the transferred assets is included.

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