Clubbing of income - Assessment of capital gain of the minors in ...

Income Tax

December 15, 2018

Clubbing of income - Assessment of capital gain of the minors in the hands of the assessee - The word “any such income” as appears in Section 64(1A) includes capital gain arising out of the sale of the property obtained by the minors from their grandparents by way of settlement.

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Clubbing of income - Assessment of capital gain of the minors in ...

Income Tax

December 15, 2018

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