https://www.taxtmi.com/manuals?id=1181 Clubbing provisions apply where an individual converts separate or self-acquired property into Hindu undivided family property by impressing it with family character, throwing it into the common stock, or transferring it without adequate consideration. The converted property is treated as having been transferred through the family to its members for joint holding, and the income derived from it is treated as the individual's income rather than the family's income. Where the property is partitioned, income received by the spouse is treated as indirectly transferred income. Property includes proceeds and substituted property, and income includes loss. en-us Tue, 15 Sep 2015 12:33:00 +0530 Thu, 25 Jun 2026 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1181 Clubbing provisions apply where an individual converts separate or self-acquired property into Hindu undivided family property by impressing it with family character, throwing it into the common stock, or transferring it without adequate consideration. The converted property is treated as having been transferred through the family to its members for joint holding, and the income derived from it is treated as the individual's income rather than the family's income. Where the property is partitioned, income received by the spouse is treated as indirectly transferred income. Property includes proceeds and substituted property, and income includes loss. Manuals Income Tax Tue, 15 Sep 2015 12:33:00 +0530 https://www.taxtmi.com/manuals?id=1181