Clubbing & Set-off of Losses | Income Tax | CS Exe Dec 26 / June 27 | CA Sumit Kumar Sir

Master Clubbing of Income + Set Off & Carry Forward of Losses for CS Executive Tax (June / Dec 2026) with CA Sumit Kumar Sir 🚀 This session is designed to give you strong conceptual clarity + exam-focused preparation for one of the most important and scoring areas in Income Tax. Learn how different incomes are clubbed, how losses are adjusted, and how to handle practical questions in exams. Perfect for students aiming to boost marks, clear concepts, and avoid confusion in tax adjustments. 📌 What you will learn: • Clubbing provisions under Income Tax Act • Income of spouse, minor child & other cases • Set off of losses (intra-head & inter-head) • Carry forward & set off rules • Practical questions & exam approach 📌 Why this session matters: • High-weightage topic in CS Executive Tax • Helps in solving MCQs + case-based questions • Builds strong conceptual + practical clarity • Improves accuracy in exam • Ideal for CS Aspirants Preparing For June / Dec 2026 attempt Teacher's Name : CA Sumit Kumar Sir _____________________________ [ Find the Notes in the below Batch ] CS Executive Siddhant December 2025/ June 2026 https://www.pw.live/cs/batches/cs-exe... CS Executive Sarv PRO June 2026 & Dec 2026 (Module 1 + Module 2) Combo - https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Pro June 2026 (Module 1) - https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Pro June 2026 (Module 2) - https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 2.0 June 2026 & Dec 2026 (Module 1 + Module 2) Combo https://physicswallah.onelink.me/ZAZB... -------------------------------------------------------------- 📲 pw app/website: https://physicswallah.onelink.me/zazb... 📚 pw store: link: https://physicswallah.onelink.me/zazb... ---------------------------------------------------------------- 📌𝐂𝐒 𝐖𝐀𝐋𝐋𝐀𝐇 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀 : 🌐 telegram: https://t.me/pwcswallah 🌐 instagram:   / pwcswallah   ---------------------------------------------------------------- 📌 𝐏𝐇𝐘𝐒𝐈𝐂𝐒 𝐖𝐀𝐋𝐋𝐀𝐇 𝐎𝐓𝐇𝐄𝐑 𝐘𝐎𝐔𝐓𝐔𝐁𝐄 𝐂𝐇𝐀𝐍𝐍𝐄𝐋𝐒 : CA Wallah:    / @cawallahbypw   ACCA BY PW:    / @accabypw   Physics Wallah:    / @physicswallah   📌 for any queries or complaints visit: https://bit.ly/pw_queries or give a missed call on 07019-243-492 ---------------------------------------------------------------- 00:00 Introduction to the session 02:11 Understanding the concept of Clubbing 07:41 Transfer of income without transfer of asset 09:16 Income from revocable transfer of assets 11:00 Remuneration to spouse in a concern with substantial interest 12:41 Income from assets transferred to spouse 14:06 Definition of substantial interest in a concern 16:47 Income arising from assets transferred for the benefit of spouse 17:43 Clubbing provisions for minor child's income 22:21 Overview of Set-off and Carry Forward of Losses 28:44 Intra-head vs Inter-head set-off 32:07 Rules for intra-head set-off 33:04 Restrictions on set-off (speculation, capital gains, etc.) 36:14 Inter-head set-off provisions 44:46 Mandatory ITR filing for carry forward of losses #CSExecutive #IncomeTax #Taxation #CSPreparation #CSEJune2026 #CSStudents #StudyWithPW #TaxClasses #CommerceStudents #OneShot Faculty Name - CA Sumit Kumar Sir Id - 68aef4c3ddac7dc1afe3e52a