Capital gain income of Minor shall be clubbed with the income of parents
This query is : Resolved
02 September 2025
Whether Capital gain income of minor shall be clubbed with the parents?
And if such capital gain income shall be subject to basic exemption limit of 3 lacs or it shall be directly clubbed with the parent having higher income?
And if such capital gain income shall be subject to basic exemption limit of 3 lacs or it shall be directly clubbed with the parent having higher income?
02 September 2025
It is clubbed with either of the parent having higher income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
OR add as source on Google news
- Medical reimbursement of hospitalization
- US CPA Course
- CAPITAL GAIN ITR
- Accounting for non refundable grant received under National Livestock Mission Scheme.
- ITDS on Lease Rent
- ITR Form difference 3 and 4
- ITR Form for the AY 2025-26
- ITR 2 - New regime - Interest on borrowed capital for let out property
- Individual received money from father need to show in itr
- Gratuity amount not mentioned in form 16
- Sale of Fixed Asset reporting in Fixed Asset Chart asper compnies Act
- Guidance Required on Returning Defective Equipment Purchased Without ITC Claim
- About foundation registration
- Income tax calculation-salary
- Deemed capital gain due to unutilized amount in CG account scheme
- Income Tax and FEMA Implications for Receiving Equity Stake in a UK Company as CTO
- Crumb Rubber
- HUF Gifts
- Need Help for US CPA
- ITC Liability on Capital Goods on death of Proprietor (GTA)
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
