Clubbing of income-disabled son !

whether income of disabled son is to be clubbed in the income of mother or father :

eg: father gifts disabled son 1 house property having income of rs100000 and also one bank fd with an interest of rs 100000 .how much income is to be clubbed inthe income of father and what is the tax liability of diasbled son.?

Replies (1)

As per Sec 64(1A) of the IT Act,1961, if a minor child suffering from any disability of the nature specified U/s80U, the income of such child shall not be included in the hands of the parent but shall be assessed in the hands of child himself. 

If the disability is not the one which is specified in sec 80U, then the income shall be clubbed in the parent's income whose income is higher after giving the exemption of Rs.1500/-.

You have to verify Sec 60 also as it says, when income alone is transferred without transfer of the asset giving rise to such income, it is deemed to be income of the transferor. It does not matter whether such transfer is revocable or irrevocable.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details