Tds

This query is : Resolved

Abhinay Kumar Shaw (Querist)
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20 May 2013 Dear Sir / Members

Mr. X is a minor (DOB 23/06/1995)
But a Limited Company has deducted TDS on Mr. X's account under the Head 194C (Payment to a resident contractor/Sub-Contractor)for Assessment Year 2012-2013.

So do me suggest whether Mr.X could file return and get the refund of the TDS.

Is Mr. X a minor can earn a commission income.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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20 May 2013 As per sec.64(1A) Minor child Income need to be clubbed with parents income whose income is high. exceptional cases 1. Income of a physically handicapped minor child specified in sec 80U,
2.Income of minor child from any manual work done by him,
3.Income of minor child due to his skill, talent or specialized knowledge or experience.

Incase of TDS deduction made on minor income the same will be claimed by parents with whom income is clubbed

when the minor income earned in the above mentioned three cases, need to file the separate income tax return and claim the TDS

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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07 July 2013 Yes I agree with the expert

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