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income tax

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14 September 2008 lottery win by minor will be clubbed in the income of his parents either his parents eligible for the exemption u/s 10(32)i.e rs 1500. if yes then what will be the amt of credit which the parents will get on the account of T.D.S.?
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
15 September 2008 Yes.They Will get the Deduction of TDS.

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