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Clubbing of Income NRI/PRO

Clubbing of Income NRI/PRO

Clubbing of Income NRI/PIO

The total income of an NRI/PIO individual also includes certain income of other persons. These are:-

  • income of spouse from remuneration derived from the concern in which the individual is substantially interested unless the remuneration is by virtue of the application of technical or professional skill possessed by him or her;
  • assets transferred for the benefit of the spouse by the individual to the spouse or to any other person unless the transfer is for adequate consideration or in consideration of an agreement to live apart.
  • Income of son's wife from assets transferred by the individual to her or to any other person for her benefit unless the transfer is for adequate consideration.
  • Income of his minor child - other than the minor child suffering from disability specified in section 80-U, referred to in para 5.3.9 except when such income arises to the child on account of any manual work done by him or on account of any activity which involves application of any skill, talent or specialised knowledge and experienc