Taxability of income of minor children

This query is : Resolved

shailesh P. Dobariya (Querist)
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11 December 2014 There are three minor children. Father is not alive. Mother has left the children and married to other guy and does not take responsibility of the minor children. Minors are taken by the guardian of the property and income from property like rent, fixed deposit interest

Questions are :

01. Who will file income tax return and pay the tax.

02. Are minor fully exempt from tax in such situation.

03. The concerned court has not touchded these issues.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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11 December 2014 1. not taxable since only the parent are charged to tax in case of minor earning

2.yes - taxable when they earn through their skill n talent

3.??????

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 December 2014 1. Clubbing provision not applicable return has to be filed in the name of minor and tax paid.
2. Under such a situation minors are not exempted.

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