https://www.taxtmi.com/manuals?id=4150 Clubbing of income operates where a person transfers income from an asset but does not transfer the asset itself; in such cases the income from the asset is taxed in the hands of the transferor (the owner who transferred the income). If an owner assigns rental income to another but retains ownership of the property, the rental income is included in the owner's taxable income. en-us Mon, 25 Dec 2023 16:23:00 +0530 Thu, 11 Jan 2024 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4150 Clubbing of income operates where a person transfers income from an asset but does not transfer the asset itself; in such cases the income from the asset is taxed in the hands of the transferor (the owner who transferred the income). If an owner assigns rental income to another but retains ownership of the property, the rental income is included in the owner's taxable income. Manuals Income Tax Mon, 25 Dec 2023 16:23:00 +0530 https://www.taxtmi.com/manuals?id=4150