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Income Tax - Highlights / Catch Notes

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Clubbing of income of wife u/s 64 - It Tribunal held that since ...

Case Laws     Income Tax

February 9, 2024

Clubbing of income of wife u/s 64 - It Tribunal held that since the income of the Assessee's wife had been accepted in her hands by the Department in scrutiny assessments, the Department was precluded from taxing the same income in the hands of the Assessee under the clubbing provisions of Section 64(1)(ii) of the Act.

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