Clubbing of income
This query is : Resolved
11 June 2014
Dear,
Their is provision that when spouse received remuneration from the concern which the both are substantial interest .
then income is clubbed which ever is income is higher .
2. minor income clubbed in the income of parents whose total income is greater.
Then how to solve this query when both the situation arises.
Their is provision that when spouse received remuneration from the concern which the both are substantial interest .
then income is clubbed which ever is income is higher .
2. minor income clubbed in the income of parents whose total income is greater.
Then how to solve this query when both the situation arises.
11 June 2014
1. yes it is clubbed.
2. must clubbed without taking the minor's income.
2. must clubbed without taking the minor's income.
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