Tax liability of a Minor Child
Umesh Machi (11 Points)
03 January 2019Umesh Machi (11 Points)
03 January 2019
JALLURI NARAYYA NANAJI
(PRACTICING CHARTERED ACCOUNTANT)
(38 Points)
Replied 03 January 2019
Income of the minor child will be taxed in the hands of his parents whose total income before chapter 6a deductions is higher
and only the income earned by minor out if his own skills is not clubbed in parents income(Ex;painting etc.,,)