Tds
This query is : Resolved
Abhinay Kumar Shaw
(Querist)
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.
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
(Expert)
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
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
07 July 2013
Yes I agree with the expert
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