Income Tax Law & Practice-II (Clubbing income)

Clubbing provision are applicable for

• A) HUF

• B) Individual

• C) Firms

• D) None of the Above

Clubbing provision are applicable in case of

• A) Positive income

• B) Negative income

• C) Both

• D) None of the above

In case parent are separated, then the income of minor will be included in the income of Mother

• A) Mother

• B) Father

• C) That parent who maintain the minor

• D) None of the Above

Amounting to Rs. …. Is exemption in respect to each minor child under clubbing and aggregation of income

• A) 2500

• B) 1500

• C) 3500

• D) None of the above

Exemption to parent comes u/s….

• A) Sec 10(31)

• B) Sec 10(32)

• C) Sec 10(33)

• D) None of the above