Minor income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2013
Sir,
my two child A & b received bank int for a chil rs.600 & for b Rs.1900 what is exempted amt taken in computaion & tell working
my two child A & b received bank int for a chil rs.600 & for b Rs.1900 what is exempted amt taken in computaion & tell working
28 July 2013
In case of clubbing, such individual shall be entitied to exemption of Rs.1500/- in respect of each minor child. However, if the income of any minor is less than Rs. 1500/- the aforesaid shall be restricted to the income so included in the total income of individual
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