Clubbing of income apply for transfer of property to major son

Clubbing of which income?

Either rent income or any other income?

Rental income 

Of Course it is income from house property and subject to tax.

If you have transferred this immovable property to your son by a registered deed then he is liable to pay the income tax out of the revenue derived from this property as applicable.

Hi,

No, clubbing of income provisions do not apply when you transfer property to your major son. As per Sections 60 to 64 of the Income Tax Act, clubbing rules are designed to prevent tax avoidance through transfers to a spouse, minor child, or daughter-in-law without adequate consideration. However, income earned by a major child from assets legally transferred to them is taxable in their own hands, not yours. Therefore, your son’s rental income from the property you transferred is not clubbed with your income.    

For further assistance on this matter, please feel free to contact me at adv.vishesh@icloud.com.

Originally posted by : Himanshu Garg
	I have transferred property to my major son and he is earning rent from it . Will it count under clubbing of income

No, clubbing of income does not apply when property is transferred to a major son; the rental income will be taxed in the son's hands. This is because Section 64 of the Income Tax Act covers transfers to a spouse or minor child, not a major child.