There shall be no clubbing and Son should disclose this as his income. Had this been to minor son or to sons wife or assessee's wife then clubbing provisions would have attracted.
1) Son is 19 year old so adult and blood relative.
2) 10 lakhs given to son has already been taxed in the hands of father.
3) Gifts above rs50000 is taxable but there are exemptions
Exception: In below circumstances, gifts are not taxable even if value is greater than Rs.50000/-
Gifts received
i. From Relatives1
ii. On the marriage of individual,
iii. By will or inheritance
iv. In contemplation of Death of payer
v. From local authority
vi. From Charitable Trust registered u/s 12AA
vii. From Any Trust, Foundation etc referred u/s 10(23c).
Interest on 10lakhs is fully taxable in the hands of the Son. But son need not pay any tax on 10 lakhs received from father .
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