Explain the circumstances under which income of other person are included in the total income
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the circumstances under which income of other person are included in the total income are
opportunities
income
security
knowledge
opportunities
income
security
knowledge
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Clubbing of Income Under Income Tax Act. 'Its all in the family'. It may seem ordinary to invest money for a non earning spouse by way of fixed deposits, or other incomeearning assets or to set up bank accounts, mutual funds or other investments for children to provide for their needs in future.
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