CLUBBING PROVISIONS RELATING TO SPOUSE AND MINOR CHILD UNDER THE INCOME-TAX ACT, 1961
In the domain of Indian income-tax law, the concept of clubbing of income is a targeted anti-tax avoidance mechanism. Among its various applications, income arising from asset transfers to spouse and income accruing to minor children occupy a central position due to the frequency and ease with which such relationships can be used to redirect taxable income.