Capital gain income of Minor shall be clubbed with the income of parents
This query is : Resolved
Quick Summary
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.
15 September 2025
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