Are there any situations in which the clubbing provisions do not apply in case of income from assets transferred to spouse?

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..... ) - Income Tax - Manuals - Ans. The clubbing provisions of section 64(1)( iv ) are not applicable in the following situations: If the transfer of asset is for adequate consideration; If .....

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..... of husband and wife does not exist). - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxmanagementin .....

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