Minor Income Tax Return
Querist : Anonymous
2.If the return is to filed, whether we have to give the details of income to be clubbed in the Minor's return or a NIL return has to be filed?
Thanks in advance
INCOME OF MONIR WILL BE CLUBBED TO HIS/HER PARENTS, WHOSE INCOME IS GREATER.
Also a deduction of Rs.1500/- will be available u/s 10(32).
Querist : Anonymous
Thanks for your reply.
Pls clarify whether it will be a case of non-filing of Return (since the minor has separate PAN)
We are here to reply the query asked by the person, not to satisfy you.If you have any query post it we will try to satisfy you by giving our opinion.
Regards,
CA. Sanat Pyne
Click here to login now
Similar Resolved Queries
- Supply through E-commerce Operators
- Rent lease agreement
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- REGARDING GST LIABILITY/....
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
