Liability to file a return.

This query is : Resolved

CA Vandana Goyal (Querist)
Follow

19 April 2012 A minor child have received an amount of nearabt 10 lakhs on behalf of his dead father.now the child is alone in this family as his mother have already expired.He is under the custody of a gaurdian and the cheque received is in the name of minor child.
Now who is liable to file return and pay tax on the amount received by the minor.

CA Tousif Ahmed

CA Tousif Ahmed (Expert)
Follow

21 April 2012 The minor's income, in case both the parents are not alive, cannot be assessed in the hands of grandparent or any other relatives or even in the hands of minor- R.P. Sarathy V. CIT [2006] 5 SOT 732 (Chennai).
Please go through the case law considering your query details for more clarification.

Message likes : 1 times

CA Vandana Goyal

CA Vandana Goyal (Querist)
Follow

21 April 2012 THANK YOU..

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

rana andcompany

MAYUR

Tanuj Kumar Sharma

Aravind S

UPENDRAN YADAV

Subscribe Now

Liability to file a return.

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA