Nikita Khetan

Income of other person included in assessee's total income

CSEET

Company Secretary Executive Entrance Test

Hindi

(Hindi) Clubbing of Income

Introduction, 
Sec 60 - Transfer of Income without transfer of asset, 
Sec 61- Income arising from revocable transfer of assets

Introduction (in Hindi)

Sec 62- Exceptions where clubbing provisions are not attracted even in case of revocable transfer
Sec 64(1)(ii)- Income by way of remuneration from a concern in which the individual has substantial interest

Exceptions and Sec 64(1)(ii) (in Hindi)

Sec 64(1)(iv)- Income arising to the spouse from an asset transferred without adequate consideration.

Sec 64 (1)(iv) (in Hindi)

Sec 64(1)(vi)- Income arising to Son's wife from the assets transferred without adequate consideration by Father-in-law or Mother-in-law

Sec 64(1)(vii)- Transfer of assets for the benefit of Spouse

Sec 64(1)(viii)- Transfer of assets for the benefit of Son's wife.

Sec 64(1)(vi), Sec 64(1)(vii), Sec 64(1)(viii)- (in Hindi)

Clubbing of Minor's Income (in Hindi)

Cross transfers
Conversion of Self occupied property into the property of a Hindu Undivided family (section 64(2))

Cross Transfer, and Miscellaneous topics (in Hindi)

Income include loss
Distinction between Sec 61 and 64
Sec 65- liability of person in Case of Demand notice

Lessons

7 lessons • 1h 5m