News Ticker

Menu

CA IPCC Clubbing of Income Notes

Click Here to Download

This notes consists of

1. TRANSFER OF INCOME WHEN THERE IS NO TRANSFER OF ASSETS- SECTION 60
2. WHAT IS THE MEANING OF REVOCABLE TRANSFER OF INCOME
3. IRREVOCABLE TRANSFER OF ASSETS
4. TRANSFER IRREVOCABLE FOR A SPECIFIED PERIOD—SECTION 62
5. INCOME OF INDIVIDUAL TO INCLUDE INCOME OF SPOUSE: SECTION 64(I)(II)
6. EXAMPLE OF REMUNERATION PAID TO SPOUSE FROM THE CONCERN
7. INCOME ARISING ON ACCOUNT ASSETS TRANSFERRED TO THE SPOUSE OTHERWISE THAN FOR ADEQUATE CONSIDERATION
8. INCOME ARISING ON ACCOUNT ASSETS TRANSFERRED TO THE SPOUSE OTHERWISE FOR ADEQUATE CONSIDERATION SHALL NOT BE APPLICABLE IN THE FOLLOWING SECTION 64(1)(IV) - Examples
9. ASSETS TRANSFERRED OUT OF IDADEQUATE CONSIDERATION64(1)(IV) -Examples
10. ASSETS TRANSFERRED TO SON’S WIFE OTHERWISE THAN ADEQUATE CONSIDERATION SECTION 64(1)(VI)
11. INCOME OF MINOR CHILD- SECTION 64(1A)
12. INCOME FROM HUF-SECTION 64(2)
13.PROBLEMS -  SOLUTIONS
Join with us : www.facebook.com/groups/caultimatesGet all updates from our facebook page : http://facebook.com/caultimatespage

Share This:

Get CA IPCC News, Updates and Imp. alerts via e-mail: