CA PCC (CLUBBING OF INCOME )

This query is : Resolved

Rishi (Querist)
Follow

31 July 2009 Rspected sir,

acc. to section 64(1A) icome of minor to be clubbed in the total income of either parents whose total income is more BEFORE CLUBBING.

my Q. is that total income of the parents computed before SECTION 60 TO 64 or only before section 64(1A) (FOR THE PURPOSE OF ABOVE)

thanks in advance..

Abhishek Mohta

Abhishek Mohta (Expert)
Follow

31 July 2009 The computation of parents income will exclude clubbing of income as per this sub-section only and all the other clubbing provision will apply before compraing the income of the parents.