[Section 64]- Clubbing of Income of an Individual with income of Spouse, Minor Child, etc.

 

Table of Contents        

1.   [Section 64(1)(ii)]- Remuneration of Spouse from a Concern in which the Other Spouse has Substantial Interest:

o    No Clubbing if Remuneration is due to Technical or Professional Qualifications:

o    Where both Husband and Wife have Substantial Interest and both are getting Remuneration from the Concern:

·         2.   [Section 64(1)(iv)]- Clubbing of Income from Assets transferred to the Spouse:

·         3.   [Section 64(1)(vi)]- Clubbing of Income from Assets transferred to Son’s Wife:

·         4.   [Section 64(1)(vii)]- Clubbing of Income from Assets Transferred to any Person for the benefit of the Spouse of the Transferor:

·         5.   [Section 64(1)(viii)]- Clubbing of Income from Assets Transferred to any person for the benefit of Son’s Wife:

·         6.   [Section 64(1A)]- Clubbing of Income of a Minor Child

o    Certain incomes of Minor Child Taxable in the hands of Minor Child only:

·         7.   [Section 64(2)]- Clubbing of Income from Self-acquired Property Converted to Joint Family Property

 

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