https://www.taxtmi.com/manuals?id=1287 Clubbing provisions treat the word income as including a loss when the income of a specified person is included in the total income of an individual. This means losses falling within the clubbing rules are also added in the individual's computation, so the mechanism remains symmetrical and does not allow a tax advantage by shifting either profit or loss. en-us Fri, 16 Oct 2015 17:03:00 +0530 Thu, 25 Jun 2026 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1287 Clubbing provisions treat the word income as including a loss when the income of a specified person is included in the total income of an individual. This means losses falling within the clubbing rules are also added in the individual's computation, so the mechanism remains symmetrical and does not allow a tax advantage by shifting either profit or loss. Manuals Income Tax Fri, 16 Oct 2015 17:03:00 +0530 https://www.taxtmi.com/manuals?id=1287