Section 64 - Clubbing of Income under the Income Tax Act

Taxblock , Last updated: 26 October 2021
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MEANING Clubbing of Income as the term suggests, means adding the income of another personto the income of the person who is paying the tax. This term is explained under Section 64 of the Income Tax Act. Though, there are certain restrictions to a specified person and to the specified scenarios w

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Category Income Tax Report