A reversing clutch assembly (13) for marine angle drive which allows the engine (11) to be mounted horizontally. To provide a required inclination to propeller shaft (12), the transmission path is bent within clutch casing (14) by using conical gearing. The casing (14) includes three horizontal shafts or input shaft (15), clutch shaft (17) and intermediate shaft (18), and only one inclined shaft or output shaft (16). Clutch shaft (17) has thereon forward and backward direction gears (28, 29) which are driven by the input shaft (15) through gear trains comprising spur gears, and double-acting clutch mechanism (30) for selectively coupling each of the direction gears (28, 29) to clutch shaft (17). The conical gearing is disposed only between clutch shaft (17) and output shaft (16) and thus includes only one conical gear (38).Parallel arrangement of three shafts (15, 17, 18) and use of single conical gear (38) contribute to save cost of the clutch assembly.