Which of the following is the reason for inclusion of other person's Income in assessee's total Income ?

CS Executive · Tax Laws · PYQS · June 2024
Which of the following is the reason for inclusion of other person's Income in assessee's total Income ?
(A) To facilitate the Government to collect more taxes
(B) To prevent excess payment of tax
(C) To prevent diversion of Income from Higher slab individuals to low slab Income
(D) To keep a person away from tax liability

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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