Under section 60 of income tax act, Transfer of Income without transferring the Asset will be clubbed back in the income of the Tranferor Assessee and in the given case it will be clubbed back in the income of father.
Under section 60 of income tax act, Transfer of Income without transferring the Asset will be clubbed back in the income of the Tranferor Assessee and in the given case it will be clubbed back in the income of father.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 April 2012
sorry sir u did not solve my query in my query there are a major child who is a major tax saver.