Liability of the transferee in respect of Clubbed Income - Section 65

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sferee in respect of Clubbed Income - Section 65 Although clubbing provision is applicable, and income is taxable in the hands of transferor, still notice of demand can be served on the tran .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e liable to pay that portion of the tax levied on the transferor which is attributable to the income so clubbed. Where any such asset is held jointly by more than one person, they shall be jointly .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X