minor income tax return

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Bipin Damania

Bipin Damania (Querist)

09 January 2009 when minor has to file return separately ?

CA Nallathambi Srinivasan

CA Nallathambi Srinivasan (Expert)

09 January 2009 My view - No it is included in the income of his / her guardian.

CA Parvin Ahuja

CA Parvin Ahuja (Expert)

09 January 2009 Whenever a minor has any income which is attributable to his personal efforts or activities then return of income will be filed in minors name. Examples of such activities are modelling, working in movies or serial or working in any advertisement. In such cases the income can not be clubbed but will be treated as independent income of the minor.

Jairam

Jairam (Expert)

09 January 2009 When he derives income from his special skills.

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)

10 January 2009 Under the Income Tax Act, a child below 18 years of age is treated as a minor and his income is clubbed with the income of the parent (parents living together) whose income is higher. However, this relates to income that the child has earned without using his talent or knowledge—such as interest earned from an investment made in the child’s name.

In case where the child has earned income by working or by application of his skills, talent or specialised knowledge and experience then it is not clubbed with parent’s income. A separate tax return is to be filed for him.

Bipin Damania

Bipin Damania (Querist)

10 January 2009 thanks

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