Capital gain income of Minor shall be clubbed with the income of parents

This query is : Resolved 

Quick Summary
This discussion clarifies the tax treatment of a minor's capital gains. It confirms that such income is indeed clubbed with the income of the parent who has a higher taxable income. The query also touches upon the application of the basic exemption limit in such cases.

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?

02 September 2025 It is clubbed with either of the parent having higher income.

15 September 2025 Good Luck...


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