https://www.taxtmi.com/manuals?id=1286 Income arising directly to the transferee from property transferred without consideration may be included in the transferor's taxable income under the clubbing rules. The relevant principle is that income derived from the transferred asset itself is treated as income of the transferor when the transfer falls within the statutory clubbing framework. Income arising from accretion to the transferred property, however, is treated differently and is not includible in the transferor's total income. en-us Fri, 16 Oct 2015 16:37:00 +0530 Thu, 25 Jun 2026 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1286 Income arising directly to the transferee from property transferred without consideration may be included in the transferor's taxable income under the clubbing rules. The relevant principle is that income derived from the transferred asset itself is treated as income of the transferor when the transfer falls within the statutory clubbing framework. Income arising from accretion to the transferred property, however, is treated differently and is not includible in the transferor's total income. Manuals Income Tax Fri, 16 Oct 2015 16:37:00 +0530 https://www.taxtmi.com/manuals?id=1286