related to clubbing prov.....

The income should be clubbed in the hands of the person having higher income...

HAPPY DIWALI..!!ENJOY

REGARDS,

DEVENDRA. K

see jyotsna...IT Act talks about higher income and not on substantial interest... so take words on face... income will be clubbed in the hands of spouse whose income is higher.

I agree with Devendra and Ankit.....

In case of clubbing, income is clubbed in the hands of the person whose income is higher. As regards having substantial interest this comes into effect in case of live appart of parents. The parent who looks after and care for the child income is clubbed in his/her hand. 

but in girish sir book ,

income is clubbed in hands of spouse having lower income and having high interest

no...i have seen that ques...it fulfils both the conditions..but u need to check only 1 condition that other income has to be higher.....

All members are right.

agree with all

plzz check example-2 of girish ahuja sir book (new edition )............

after seeing this m getting confused that's y i write this.......