February 28, 2018

Section – 65 : Liability of person in respect of income included in the income of another person

65. Where, by reason of the provisions contained in this Chapter or in clause (i) of section 27, the income from any asset or from membership […]
February 28, 2018

Section – 64 : Income of individual to include income of spouse, minor child, etc

64. (1) In computing the total income of any individual, there shall be included all such income as arises directly or indirectly— (i) [Omitted by the […]
February 28, 2018

Section – 63 : “Transfer” and “revocable transfer” defined

63. For the purposes of sections 60, 61 and 62 and of this section,— (a) a transfer shall be deemed to be revocable if— (i) it […]
February 28, 2018

Section – 62 : Transfer irrevocable for a specified period

62. (1) The provisions of section 61 shall not apply to any income arising to any person by virtue of a transfer— (i) by way of […]
February 28, 2018

Section – 60 : Transfer of income where there is no transfer of assets

60. All income arising to any person by virtue of a transfer whether revocable or not and whether effected before or after the commencement of this […]






Want to know more about HostBooks?

We’ll help you out!