Home > Income Tax Act 2025 > Section-99Last Updated: Sep 26th 2025
Section-99 provides for clubbing of income which means adding or including the income of another person (mostly family members) to one's own income. Learn to understand the section-99 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
A = B × (𝐶 / 𝐷)
where,––
A = Income to be included in the hands of individual for the tax year;
B = Income and interest or both, arising to the spouse or son’s wife from the business or the firm, as applicable during the tax year;
C = Value of such assets invested, or contributed as capital by the spouse or son’s wife as on the first day of the tax year;
D = Total investment or total capital contribution, as the case may be, by the spouse or son’s wife as on the first day of the tax year.
without adequate consideration, then, irrespective of any other provision of this Actor any other law in force for computing the total income of such individual,––
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.