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    <title>Transfer of income where there is no transfer of assets</title>
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    <description>All income arising to any person by virtue of a transfer, revocable or not and irrespective of timing, where the assets generating that income have not been transferred, is chargeable as the income of the transferor and must be included in the transferor&#039;s total income for tax purposes.</description>
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    <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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      <title>Transfer of income where there is no transfer of assets</title>
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      <description>All income arising to any person by virtue of a transfer, revocable or not and irrespective of timing, where the assets generating that income have not been transferred, is chargeable as the income of the transferor and must be included in the transferor&#039;s total income for tax purposes.</description>
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      <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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