Income of minor child
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2013
sir,income of a minor child is firstly included in the income of parent u/s 64 and thereafter a rebate is given @ Rs.1500/- PER CHILD.
SIR PLEASE LET ME KNOW THAT UNDER WHICH SECTION THIS REBATE IS ALLOWED ?
WITH REGARDS
SIR PLEASE LET ME KNOW THAT UNDER WHICH SECTION THIS REBATE IS ALLOWED ?
WITH REGARDS
30 July 2013
The parent in whose hands the minor’s income is clubbed is entitled to an exemption up to Rs. 1,500 per child. [Section 10(32)]
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2013
thank uou sir
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