becker cma

Limited Period Offer Avail 20% discount in all subjects CA,CS and CMA,Coupon- OFFER20 Call: 088803-20003

CA Final Online Classes
Prodamy

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Income of minor child

This query is : Resolved 

Querist : Anonymous


Querist : Anonymous (Querist)
Kindly explain taxability of Income of minor child earned by his own skill?

Income earned by a minor from the use of his own skills is taxable in the hands of the minor only.

Any income Earned by the minor child for their skills is taxable at their hand. Or other sources of income like Gift, interest is taxable at their guardians total income

Any income Earned by the minor child for their skills is taxable at their hand. Or other sources of income like Gift, interest is taxable at their guardians total income

Any income Earned by the minor child for their skills is taxable at their hand. Or other sources of income like Gift, interest is taxable at their guardians total income

yes income earned by minor child his skill will be added his income.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries






Trending Tags