Clubbing of income from transferred assets for a son's wife depends on inadequate consideration and benefit from the asset. Income arising from assets transferred by an individual, directly or indirectly and without adequate consideration, to a person or an association of persons is included in the transferor's total income to the extent it is for the immediate or deferred benefit of his son's wife. The rule requires a nexus between the income and the transferred asset, applies to transfers made on or after 1 June 1973, and recognises that direct payment to the son's wife is not necessary. Wife means legally wedded wife.