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Guest (Querist)
27 January 2009 hello sir , please tell me clubbing of income me jab income of minor ko club kiya jata hai to exemption di jati hai 1500 pa per child u/s 10(32). so this exemption is giveen only to one income of minor or minor ki jitni income hogi un sab par milagi . please tell. kya minor ki lottery income par bhi exemption milagi ya nahi .
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Sreedhar Atchutuni ACA,GradCWA

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Sreedhar Atchutuni ACA,GradCWA (Expert)
27 January 2009 Irespective of many sources of income only Rs.1500 is allowed.
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