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clubbing of minor's income

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(Querist)
25 June 2009 A person is professional and accounting is on cash basis..

His minor son's income is going to be clubbed,whether it should be clubbed on cash basis or accrual basis?..
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chetan soni

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chetan soni (Expert)
26 June 2009 It will be on receipt basis.
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NISHIT A. DOSHI

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NISHIT A. DOSHI (Expert)
26 June 2009 i agree with mr.chetan soni

with regards
ca nishit doshi




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