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Clubbing of income

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(Querist)
01 September 2011 As in sec10(5)leave travel concession, is there any limit in number of childrens eligible for exemption in the case of sec64 1(A) clubbing of minor's income?

Pls comment?Thanks in advance
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CMA Ashutosh Kumar Gupta

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CMA Ashutosh Kumar Gupta (Expert)
01 September 2011
Pl. refer to exemption under Sec.10(32) of rs.1500/- and Section 27 whereby minor married daugher's income on the property transferred for no consideration is not included.
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