CHANDAN KUMAR SINGH

CLUBBING OF INCOME

SECTION	DISCRIPTION
Sec.-60	Transfer of income without transfer of assets.
Sec.-61	Revocable transfer of assets.
Sec.-62	Transfer irrevocable for a specified period.
Sec.-63	When a transfer is revocable.
Sec.-64	Income of an individual to include income of Spouse, Minor child,etc.
Sec.-64(1)(ii)	Income of individual to include salary of Spouse.
Sec.-64(1)(iv)	Income from Assets transferred to Spouse.
Sec.-64(1)(vi)	Income from Assets transferred to Son’s wife.
Sec.-64(1)(vii)	Income to Spouse through a third person.
Sec.-64(1)(viii)	Income to Son’s wife through a third person.
Sec.-64(1A)	Clubbing of income of minor child.
Sec.-64(2)	Income from conversion of self-acquired property into joint family property.
Sec.-65	Recovery of Tax.
Sec.-68	Cash credits.
Sec.-69	Unexplained investment.
Sec.-69A	Unexplained money etc.
Sec.-69B	Under valued investment or valuables.
Sec.-69C	Unexplained expenditure.
Sec.-69D	Amount borrowed or repair on Hundi.

SECTION	DISCRIPTION
Sec.-70	Set-off of loss from same head“Inter-source”.
Sec.-71	Set-off of loss from one head against other head“Inter-head”.
Sec.-71B	Carry forward and set-off of loss from House property.
Sec.-72	Carry forward and set-off of Business losses.
Sec.-72A	Carry forward and set-off of accumulated loss and unabsorbed depreciation.
Sec.-72A(6)	Carry forward and set-off of loss on succession of the firm.
Sec.-73	Losses in speculation Business.
Sec.-73A	Carry forward and set-off of loss of a specified business referred to in Sec.-35AD.
Sec.-74	Losses under the head “Capital Gain”.
Sec.-74A	Carry forward and set-off of loss from activity of owning and maintaining race horses.
Sec.-75	Losses of firms prior to assessment year 1992-93.
Sec.-78	Carry forward and set-off of losses in case of change in constitution of firm or on succession.
Sec.-79	Carry forward and set-off of losses in the case of certain companies.
Sec.-80	Compulsory filling of loss return.