Income of minor child
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2012
Kindly explain taxability of Income of minor child earned by his own skill?
05 June 2012
Income earned by a minor from the use of his own skills is taxable in the hands of the minor only.
Ravi Jhamb
(Expert)
05 June 2012
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
Ravi Jhamb
(Expert)
05 June 2012
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
Ravi Jhamb
(Expert)
05 June 2012
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
C.A Anshul Singhal
(Expert)
05 June 2012
yes income earned by minor child his skill will be added his income.
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