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1. IPCC MAY 2010 SOLUTIONS
   
2. INCOME FROM HOUSE PROPERTY
   
3. INCOME FROM SALARY
   
4. CLUBBING OF INCOME
   
5. SET OFF AND CARRY FORWARD
   
6. TAX TERMINOLOGY
   
7. INTEREST
   
8. RESIDENTIAL STATUS
   
9. CAPITAL GAIN DEDUCTIONS
   
10. UPDATED TILL JUNE 4
11. DVAT 16
    
12. CPT STUDENTS LATEST NEWS "NEW"
13. BOYS HOSTEL IN DELHI
    
14. ACTUARIAL SCIENCES
15. DT Upcoming Classes Schedule
16. CS COACHING CLASSES
    
17. CWA COACHING CLASSES
    
18. CA COACHING CLASSES
    
19. ICAI WEBSITES
    
20. BOOKS CA CS CWA
    
21. How to tackle CS Preparation Pressure ?
    
22. CS AS CAREER
    
23. DIRECT TAXES CLASSES
    
24. RTP for June 2010 Exam
    
25. How to prepare for upcoming exams right from beginning "NEW"
26. SURBHI BANSAL AUDIT SA's
27. MY RECENT FILES AND DIRECT LINKS
    
28. June, 2010 Admit Card Extract
    
29. QUESTION PAPERS
    
30. June,2010 Examination Time Table
    
31. Student Company Secretary Bulletin
    
32. IPCC MAY 2010 ACCOUNTS
    
33. Applicable for AY 2010-11 (FY 2009-10) 
    
34. CS EXAMS LATEST INFORMATION
    
35. CS EXAMS LATEST INFORMATION PART 2
    
    

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Clubbing of income 

                        Section 64(1)(vii) -  when an indivisual transfers his asset to third for the benifit of spouse, the income                                                                  from the asset will be clubbed in the income of the indivisual.

                        Section 64(1)(viii)-  when an indivisual transfers his asset to third for the benifit of son's wife, the income                                                             from the asset will be clubbed in the income of  the indivisual.

                                                                         we all know these sections, but when an indivisual transfers his asset to the                                                                third party for the benifit of husband and her father-in-law, then income arised in the                                                              hand of husband will be clubbed in the hand of wife but income arised in hand                                                                       of father in-law wonn't be clubbed in the hand of daughter-in-law. it will be taxable in                                                               the hand of father-in-law.