As per Income Tax Act, every person has to pay taxes on his income. No person is allowed to divert his income to any the relatives to reduce tax liability. Clubbing of income means income of other person is included in the taxpayer’s total income while computing income tax payable.
REPORT THISIf the purchase / download link of Clubbing of Income under Income Tax Act, 1961 PDF is not working or you feel any other problem with it, please REPORT IT by selecting the appropriate action such as copyright material / promotion content / link is broken etc. If this is a copyright material we will not be providing its PDF or any source for downloading at any cost.
Clubbing of Income Under Income Tax Act Inclusion of other Incomes in the income of the assessee is called Clubbing of Income and the income which is so included is called Deemed Income. It is as per the provisions contained in Sections 60 to 64 of the Income Tax Act.
