The principal provisions for clubbing of income under the Income-tax Act, 2025 are:
Sections 96 to 99 contain the principal clubbing provisions. They address transfer of income, revocable transfers, the meaning of such transfers, and inclusion of specified…
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The principal provisions for clubbing of income under the Income-tax Act, 2025 are:
Answer and explanation
Correct answer B
Sections 96 to 99 contain the principal clubbing provisions. They address transfer of income, revocable transfers, the meaning of such transfers, and inclusion of specified family members’ income.
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Madhya Pradesh SET (MP SET)