income tax
This query is : Resolved
CA Gaurav Gupta
(Querist)
14 September 2008
lottery win by minor will be clubbed in the income of his parents either his parents eligible for the exemption u/s 10(32)i.e rs 1500. if yes then what will be the amt of credit which the parents will get on the account of T.D.S.?
CA Nitin Wadhwani
(Expert)
15 September 2008
Yes.They Will get the Deduction of TDS.
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