clubbing of minor's income
This query is : Resolved
CA Milap Mehta
(Querist)
25 June 2009
A person is professional and accounting is on cash basis..
His minor son's income is going to be clubbed,whether it should be clubbed on cash basis or accrual basis?..
His minor son's income is going to be clubbed,whether it should be clubbed on cash basis or accrual basis?..
chetan soni
(Expert)
26 June 2009
It will be on receipt basis.
NISHIT A. DOSHI
(Expert)
26 June 2009
i agree with mr.chetan soni
with regards
ca nishit doshi
with regards
ca nishit doshi
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