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Clubbing of income

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 June 2013
Under sec-64- provision is for clubbing of income from assets transferred to spouse. what is the meaning of assets?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 June 2013 Capital asset definition given in the sec.2(14) of the Income tax act. refer the same

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