Understanding Clubbing of Income u/s 60-65 of Income Tax Act 1961
Clubbing of income refers to the inclusion of other person’s income in the assessee’s final taxable income, for instance, income earned by the spouse from an... Read More
Clubbing of Income and Assessment
Clubbing of Income and Assessment
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Generally, a person is assessed for tax in respect of her/his own income. In certain circumstances this basic principle has a deviation and the assessee... Read More
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act 
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